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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.
Keep an eye out for upcoming NetSuite events, including meetups, workshops, and webinars. These sessions are a great way to connect with peers, learn from experts, and stay current on the latest NetSuite updates and best practices. Registration links are provided in each event.
SuiteWorld | October 25–28, 2026 | Las Vegas
Registration opens June 9. Be ready when passes drop. Get the green light now - Convince your boss
Registration opens June 9. Be ready when passes drop. Get the green light now - Convince your boss
New to NetSuite | Customer Prepayments
Prepayment is an advance payment made by a buyer to a seller before the delivery of goods or services. Prepayments are made to secure the delivery of goods or services and to show the buyer's commitment to the transaction. You can now make a prepayment from customer deposits.
You can associate a vendor prepayment with a purchase order. When you associate a vendor prepayment with a purchase order, NetSuite can automatically apply the prepayment to the bills associated with the purchase order. NetSuite does this using the Auto-Apply accounting preference.
To enter vendor prepayments:
- Go to Transactions > Payables > Enter Vendor Prepayment
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