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Aging of Customer Opening Balances

edited Jun 2, 2025 2:44PM in Ask A Guru 10 comments

I am doing a fresh implementation of NetSuite at our company (they have been using NetSuite for 5 years, but NetSuite Professional Services screwed up and failed the initial implementation twice 5 years ago, and they had a consultant come in to try to rehabilitate the second failure, but the state of the system was still so poor when I cam in, I had to recommend a fresh start).

We have decided on a cutover date of 1 January 2025, which coincides with the fiscal year start. My recommendation is to import opening customer (A/R) and vendor (A/P) balances as of 1 Jan 2025 using the closing balances as of 31 Dec 2024 (

Pierre J.-L. Plourde
Lead Developer
Beyond Cloud Consulting Inc.
e: pierre@beyondcloudconsulting.com
t: +1 (877) 880-7042 ext 51
73 Iron Block Drive, Brampton, Ontario L7A 0J1

Oracle NetSuite Certified—ERP Consultant
Oracle NetSuite Certified—SuiteCloud Developer II
Oracle NetSuite Certified—Administrator
Oracle NetSuite Certified—SuiteFoundation
Oracle NetSuite Certified—Financial User
Oracle NetSuite Certified—SutieAnalytics User

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