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interfacing with other system: JE or transaction?
We use a revenue accounting system, in which the daily sales are registered,
invoices are made, credit and debit memo's are created, etc.
We use netSuite as our 'general' accounting system.
At month-end-closing we need to get the revenue and A/R totals for the entire month (totals per customer) from the revenue accounting system loaded into Netsuite.
Netsuite is then used to generate all financial reports such as P&L and balance sheet, to register all bank transactions, and to keep track of A/R and A/P aging.
My question is: should we import the data into netSuite as journal entries or as transactions?
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