Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Make Your Voice Heard: What Tech & ERP Topics Should We Explore in our Next Webinar?? We’re all ears! Vote now, and the poll runs until January. Poll for ERP | Poll for Tech.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
NSC | GL Impact > Stand-alone and Created from Bill/Vendor Authorization Bill Credits
When creating a Bill Credit, Users notice that the GL Impact differs from Stand-alone Bill Credits and Bill Credits created from Bill/ Vendor Return Authorization.
Stand-alone Bill Credit generates a GL Impact for Accounts Payable and Inventory.
However, Bill Credits created from Bill/ Vendor Return Authorization have GL Impact of Accounts Payable and Purchases Returned Not Credited.
According to SuiteAnswers Article ID: 12251, Purchases Returned Not Credited Account is used as a "suspense" account to record the return of Items through Vendor Return Authorization.
This account is debited for every Item Fulfillment representing shipment of Items to the Vendor and is credited when related
Tagged:
0
