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What feature would be best to use to record monthly rent expense and payments?

edited Jun 2, 2025 2:34PM in Ask A Guru 3 comments

Hi Team,

I have a simple use case, I want to record our monthly rent expenses in NetSuite and also associate payments made to it.

The use case is that there is a set contract with a lessor for 12 months and there is a corresponding initial payment or down payment.

Is there a straightforward feature in NetSuite for this use case? What is the best practice.

Kindly advise

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