Hello everyone:
Below is the scenario :
Right now In a different system, we post the prepayment in a batch of journal entries, for example , it will looks like below in Netsuite:
| Account | Vendor Name | Debit | Credit |
|---|
Prepayment to Vendor | 1001 | abc | 200 | |
Prepayment to Vendor | 1001 | def | 200 | |
Bank of ABC | | | | 400 |
Which we create two Vendor Prepayments of each $200 by paying out $400 from our bank,
Questions:
- Although we have already assign the account # 1001 as the account number for vendor prepayment through the company setting, these two entries can not be found under vendor prepayments list, so does that mean (a) the prepayment posted through Journal Entry will not showing in below list? (b) if so, is there a way to clear the prepayments posted through JE with open Vendor bills later on?
2. Is that possible to find the open prepayment when paying a vendor through "pay bills" or " pay single vendor" ?
3. since we have some wild card account, so is that possible to apply the pre-payment posted in this wild card account to the bill under some other vendors?
4. is there a way to offset the open prepayments that are under different vendors with vendor bills (under different vendors) in a batch ? ( for example by CSV upload ,etc.)
