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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
Read on for the latest updates including:
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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!
Opening balance woes
We are prepping up to go live with Netsuite this weekend and have hit a major show stopper (at least that is our current perspective). Apparently there is no viable way to enter an opening balance or one sided journal to create the starting position of the companys financials.
How exactly do you set up the financial position of the company with double sided entries? From my understanding you can't unless you back post all transaction from the start up of the company.
In essence, our current financial systems balance should fit the starting position of Netsuite for auditability. Double sided entries and other work arounds do not accommodate this
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