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.
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!
NetSuite 2025.2 Release Notes - This document summarizes the changes to NetSuite between 2025.2 and the previous release.
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
NSC | Best Practices in Modifying Cleared / Reconciled Transactions
If the transaction is still valid and only requires a modification (e.g., change in amount, payee, or memo), it is not recommended to void the transaction. Instead, the user should take the following steps:
- Unmatch or remove the cleared status of the transaction.
- Make the necessary modifications to the transaction.
- Edit the check or payment as needed (e.g., change the amount, update classification fields).
- Re-clear or re-match the transaction.
- Once the changes are saved, re-match or clear the transaction
- Reconcile the transaction as part of the current or next reconciliation cycle.
Understanding how NetSuite handles voided checks under different conditions is crucial for maintaining accurate financial records and ensuring consistency in bank reconciliations. The user should carefully consider whether to void a transaction or simply modify it, based on its status and intended outcome. When in doubt, creating a reversing journal entry and preserving reconciliation history is the recommended approach.
Tagged:
0