Tiru Chembeti · SME & NetSuite Support Community Guru · Bronze Crown

Hi @M.Lisa Yes, it’s possible. You can set up the prior year accounting periods and upload the year-on-year trial balance data as journal entries using CSV imports.

👋 Hello and welcome, everyone! We’re excited to have you join us for today’s "Ask an Expert Live" session, designed especially for our NetSuite users, " Basic Accounting"

Hi @Dan Garcia Yes, it's under enhancement, Workaround: To ensure that lease interest is recorded in the first month, users can manually adjust the accounting by following this workaround: Creat…

Hello @Patrick Fresnosa-Oracle - Great explanation. Hi @Rachel Sheng Answer to your question, Yes, system will create forecast plans as and when you enable the preference. There is no harm/issue in f…

Hi @Jake Pangan Check tax control accounts - Setup - Accounting - Tax control accounts. Edit and rename the account.