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Intelligent Payment Automation, powered by BILL (aka Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
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Accounting for finance company discount fees?
Hi All,
We offer our customers financing through Wells Fargo. When Wells Fargo deposits the funds into our account we record a payment on the customer's account for the deposit amount. The problem is that the deposit amount is the order total minus the discount fee charged by wells fargo.
So my question is how do we account for the discount fee in a way that removes the balance from the customer's account?
Thanks for any help on this. ?
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