Clarisa De Torres-Oracle Blue Diamond

We are now closing today’s session. We hope to see you in the next #AskAGuruLive! I hope the tips I provided will be helpful for you. 😊 Be sure to follow the AskAGuruLive tag for updates. To help us improve this program, feel free to share your feedback with us. Have a good one, everyone! 🎉

TIP 3: Revenue recognition rules define how revenue recognition plans are generated when an item is sold. The Create Revenue Plans On field on the Revenue Recognition/Amortization subtab of the item record determines when the plan is created. Take note that amount source should be compatible with the create revenue plans…

https://community.oracle.com/netsuite/english/discussion/comment/16911196#Comment_16911196 Yes, it is mandatory. However, sometimes users with the Period Closing Management permission, when the Allow Quick Close of Accounting Periods preference is enabled, tend to close the period without redoing the tasks because it…

https://community.oracle.com/netsuite/english/discussion/comment/16911193#Comment_16911193 Enabling this feature does not significantly impact your current setup, however, please note the following important considerations: Before enabling Multiple Calendars, if you have any open, standalone adjustment periods, you must…

TIP 2: If you’re on Advanced Taxes and the transaction isn’t picking up the right tax code, here are some of the steps you can check to troubleshoot: 1) Start with the Customer record - Confirm whether the customer is marked taxable (for US nexus). - Check if there’s a tax item assigned to the customer. If there is, this…

https://community.oracle.com/netsuite/english/discussion/comment/16911190#Comment_16911190 Hi Nickey, Thanks for clarification. Cost recalculation pertains to period end checklist tasks that involves recalculating data such as: inventory cost recalculation, foreign currency balance revaluations, and others. If you reopen…

https://community.oracle.com/netsuite/english/discussion/comment/16911187#Comment_16911187 Hi Nickey, To enable the Multiple Calendars feature: Go to Setup > Company > Enable Features On the Accounting subtab, under Advanced Features, check Multiple Calendars This feature is available only in NetSuite OneWorld and isn't…

TIP 1: If you want to pull allocation details from a Revenue Arrangement (Revenue Elements tab > Allocation Details subtab), the easiest way is to build a Transaction Saved Search. Here’s how you can do it: 1. Go to Lists > Search > Saved Searches > New. 2. Choose Transaction 3. On the Criteria tab (Standard subtab), set:…

https://community.oracle.com/netsuite/english/discussion/comment/16911185#Comment_16911185 Hi Robert, This feature is handled by our Order to Cash Team, however, I also checked your concern internally and noted that as confirmed by our Product Management team, the new feature will not be made available in the Release…

https://community.oracle.com/netsuite/english/discussion/comment/16911184#Comment_16911184 Hi Nickey, When you reopen a period, you may need to redo checklist tasks to close the period. Any later closed periods are automatically reopened and checklist tasks for those periods may need to be redone as well before you can…

https://community.oracle.com/netsuite/english/discussion/comment/16911182#Comment_16911182 Thank you for your question, Nickey! Do you have Multiple Calendars enabled? If yes, you can create a fiscal calendar then assign it to the Subsidiary. If this is not your case, and you will be changing your Fiscal Year Structure, it…

Hello, everyone! We invite you to join the conversation and share your valuable insights with us. -- In case you know someone who is new to NetSuite, we encourage you todirect them to our newly launched "New to NetSuite" page.This page is specifically designed to offer them information and guidance andhelp them make the…

hi @Lyssa just want to confirm that you didn’t have any existing currency revaluations when you reopened the January 2025 period, and before running the currency revaluation process?

Hi @Lyssa thank you for providing the details. Since you have reran the revaluation and intercompany process and the issue still persisted, can you try deleting the existing currency revaluation that's causing the balances? To troubleshoot, try the following for the January 2025 period: Delete existing Currency…

Hi @User_YMQKJ , we’re thrilled to have you join us today and thanks for kicking off the conversation! Hello everyone! We’d really appreciate your thoughts and experiences in supporting a fellow member. Your contributions truly make an impact!

Thank you for providing your insight, @splemp! Hi @User_1L16T, as mentioned above, you may need to reach out to support and file case if it's possible to increase your currency decimal precision. You can also check out SuiteAnswers article 7727: Currency Decimal Precision for more information. Per further checking, we also…

みなさん、時間です！ 正しい解答とその説明については、次の詳細を参照してください。 正解: A)期間相殺 説明: 償却テンプレートの相殺値を定義して、スケジュールの開始を遅延できます。次の2つのタイプの相殺を使用できます。 「期間相殺」は、指定した期間数だけ前方に償却期間全体を移動し、同じ期間数を保持します。 たとえば、償却条件が30日の期間に基づいている場合、経費の認識を開始する前に60日間待機するには、このフィールドに2を入力します。これは、試用期間または試用期間がある購入するサービスに役立ちます。 開始相殺は、償却の開始を遅延させ、期間数を変更し、同じ終了日を保持します。…

Time's up, everyone! Kindly see details below for the correct answer and its explanation: Correct Answer: A) Period Offset Explanation: You can define an Offset value for an amortization template to delay the start of a schedule. Two types of Offset are available: Period Offset moves the entire amortization period ahead by…

hi @User_ZESPW, per checking, you have an open thread with the same concern under: https://community.oracle.com/netsuite/english/discussion/4513005/how-to-access-training-videos-for-a-new-user-of-accountant We'll proceed in closing this thread as duplicate. Thank you!

hi @User_ZESPW, thanks for initiating this conversation. Hello everyone! We’d really appreciate it if you could share your thoughts and experiences to support a fellow member. Your input is valuable and much appreciated!

Hi @User_JNRWJ thank you for the additional details. We're trying to reproduce this on our standard test accounts but I'm unable to do so. I agree that it is recommended to file a case support so they could check the back end and they have the tools to investigate further into your internal environment. Once the support…

Hi @User_JNRWJ, to further assist you, kindly provide additional details below: 1.Is this happening on all quotes and sales orders? 2. What is the shipping address of the transaction/s in question? Please indicate the complete address. Include a screenshot of the transaction, kindly cover any confidential information. 3.…

We would love to invite other members to collaborate and share their insights to help @Ruth Hartke with this concern. Your experiences and expertise can make a meaningful difference and help strengthen our community knowledge. For those who are new to NetSuite, we would also recommend exploring our New to…

Congratulations, everyone! Thank you for sharing your insights and helping other members of the NetSuite Support Community. 🎉✨

Hi @User_1IBPD, per checking, it appears other users have experienced the same issue. I recommend opening a support case so they can investigate further, as this may be a potential defect. There is an existing defect that may be related to your concern: #257430 Custom Report > Unable to delete even without Report Schedules…

Hi @Lyssa, I also tried creating standalone intercompany bill and invoice then paired them with each other and still got the same results. Please see details below: 1.Balance Sheet as of Sept 2024 before additional transaction. You can see that the intercompany account on the consolidated report is 0: 2. Re-open September…

Hi @Lyssa thank you for getting back. I tried to reproduce your concern on our test account but wasn't able to. Please see details below: 1.Balance Sheet as of Dec 2025 before additional transaction. You can see that the intercompany account on the consolidated report is 0: 2. Re-open December 2025 and create additional…

Hi @Lyssa , were you able to check the comment above? kindly let me know if you need further assistance. Thank you!

Hi @Lyssa , thanks for the additional information. When you re-opened the December period, did you rerun the Intercompany Elimination period task after creating the additional transaction? :)

Hi @Lyssa a common reason an Intercompany Bill/Intercompany Invoice pair doesn’t eliminate is that the account configuration enabling elimination was updated after the transactions were created/paired, so the affected Bill/Invoice may not have picked up the new elimination setting. Troubleshooting: Account record: Review…