Discussions
It’s that time of the year again! As we embrace the holiday cheer, we want to share an important announcement regarding our holiday schedule. Our dedicated team of NetSuite Support Gurus will be taking a short break to recharge during the holidays, from December 24, 2024, to January 1, 2025. We’ll be back in full swing, ready to assist you on January 2nd. During the break, feel free to explore the wealth of NetSuite resources on our platform.
As we celebrate the season's joys, we are incredibly grateful for your ongoing support and engagement. Have a fantastic holiday break, and let's gear up for an incredible 2025!
Here are some examples to get your creative juices flowing.
"Did I pay vendor John Doe last month?"
"Take me to my largest sales order for this month."
"What invoices haven't been paid yet?"
NSC | Adjustment Period and Period Checklist
User wants to have a general overview of how adjustment periods work and make sure everything flows smoothly on their end.
User can only post Journal Entries to an adjustment period. Adjustment periods are not available in the Posting Period dropdown for non-Journal Entry transactions.
Regarding its relation to revaluation and IC elimination, upon checking internally, it is noted that it is not advisable to book intercompany transactions in the Adjustment Period, that feature is best used for normal journal entries that are not being eliminated. This is also documented under SAID 68949: users should not run any period close task on the adjustment period. Executing tasks such as elimination intercompany transaction on an Adjustment Period will result to duplicate entries.
