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Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
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Credit Card Transactions
Our company issues company credit cards to many of its full time employees. The cards are used for appropriate travel expenses, office supplies and equipment, misc purchases etc. We also pay many of our PO's for inventory items for job materials by credit card. Our monthly credit card detail statement is quite large.
Management wants as many as possible of credit card charges entered into NS as a way of making sure charges are legitimate. We do not use Employee expense accounts.
Monthly I download the actual detail credit card statement and then match up every transaction entered in NS to the statement. All other charges on the statement not entered in NS are classified and journalized in one journal entry.