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Try Intelligent Payment Automation – Fee Free For Your First Month
Intelligent Payment Automation, powered by BILL (aka 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.
For more information, visit this thread.
Intelligent Payment Automation, powered by BILL (aka 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.
For more information, visit this thread.
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NSC | ARM: How does Direct Revenue Posting works?
Scenario:
User is using Advanced Revenue Management module in their NetSuite Account, however, they want to set up an item that will post directly to their Income Account, instead of deferred revenue.
Solution:
User may opt to use the Direct Revenue Posting checkbox to directly post to the revenue account
1.) Go to Item Record
2.) Navigate to Revenue Recognition / Amortization
3.) Check Direct Revenue Posting
4.) In the Accounting tab, make sure to add an Income Account, also users will notice that the Deferred Revenue Account is disabled after checking the Direct Revenue Posting
5.) Save the item record
Result:
When creating an Invoice, the G/L impact will credit the Income Account
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