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.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Please note that on Saturday, April 11, 2026, at 8:00 PM Pacific time, our Case Management System will undergo a scheduled maintenance for approximately 30 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.
What is the best practice for Adjustment Period?
Hi,
I was hoping to see if anyone had a general overview of how adjustment periods work.
My company wants to implement a 13th period, however, I've never used them before and want to make sure everything flows correctly should we begin to use it.
My main questions are:
- How does it impact the close, i.e. should it be revalued and IC eliminated?
- How do auto-reversing journals work with them, such prior period reveal & IC eliminations?
- Is there a risk that amortisation schedules, revenue arrangements and billing schedules will unintentionally post to the adjustment period instead of the desired period?
0