Divya Unnikrishnan · NetSuite Solution Architect · SuiteMaster

Hi User_ZT7UY Have you referred to the solutions mentioned by Patrick Fresnosa-Oracle and Katerina Winklerova-Oracle in How to clear Journals that appears in AP Aging Report? — NetSuite Community?

Hi Janice De Ocampo Thank you for that information. Could you please mention if it is required for Malaysia E-invoicing SuiteApp installation in all scenarios or is there any specific reason mandating the OneWorld configuration?

Hi User_FL4CK @Chelsea Jacobs is right. The Posting Period cannot be added to the Manage Proposal page because the Asset Proposal is not tied to any transaction creation and therefore does not generate any GL postings to accounting periods. The Asset Proposal only results in the creation of the asset record, while the…

B) They allocate revenue or expenses over time automatically

Hi Janice De Ocampo As per the SuiteAnswers #1016784, OneWorld is not listed as a prerequisite for Malaysia Electronic Invoicing SuiteApp. Ideally, you should be able to use the SuiteApp if the single subsidiary configured is a Malaysian subsidiary. OneWorld is optional and only relevant if your business structure involves…

Hi User_ATB2E Could you please try unapplying the selected transactions and then voiding the customer payment? Additionally, please confirm that your role has the voiding role permissions. Please confirm whether the accounting period in which the transaction was posted is still open. Thanks

B) A form of depreciation that involves a partial write-off.

TRUE

Hi User_IJB6M Could you please mention the purpose of creating such a vendor record? If you create the vendor record and set it as inactive, the same cannot be used in transactions. You can reactivate the vendor later if needed by unchecking the Inactive box. Thank you

Hi Aly Magpantay-Oracle Thank you

C. Shortcuts

True

Hi Jayben Fung Yes, that’s a recommended approach. After confirming the trial balance, you can post a Journal Entry to move the net balances into the appropriate equity accounts, such as Retained Earnings. NetSuite does not allow locking a single account, but you can close prior accounting periods to prevent backdated…

Hi Jayben Fung Yes, in addition to using the “Enter Opening Balances” page, you can record opening balances through a Journal Entry (JE). This method is widely used when you want to ensure your accounts start off fully balanced. A JE follows the double-entry accounting principle, where every debit has a corresponding…

Hi The ability to add department and location-wise account balances in 'Enter opening balances' page is currently logged as a NetSuite enhancement in the voting stage [#71296] It would be suggested to use Journals for the TB open Balance import rather than 'Enter Opening balances' option if we wish to include location and…

Hi, NetSuite processes positive inventory adjustments first and negative adjustments last when they occur on the same date. If a negative adjustment must precede a positive adjustment, assign different dates to the transactions (refer to SuiteAnswers #28147). Resolution Steps To comply with this rule, the date of the…

Hi Vishnu Raj What is the error you're facing when attempting to create PO? Also, is the HSN/SAC code inputted in the line level and the Default vendor tax reg number selected under the Tax details subtab? India localization bundle supports GST calculation in the PO level provided the relevant details and GST rule…

Hi Jam Amper-Oracle All the recommended steps were followed, yet the issue persists. At the time of saving the transaction, the cost appears accurate. However, after cost recalculation, the negative line estimated unit cost changes, which impacts both COGS and the Inventory Adjustment account. The items involved are…

A. Pending Accounting Approval

Hi Aly Magpantay-Oracle Yes, we have checked the date range of the report and the issue still persists. Thank you

Hi Chelsea Jacobs In the Generate Report page, we have the Asset Register as option in report type. This is standard functionality and NetSuite considers this report as the Asset Register standard report. The include in Reports option is linked with this report rather than the saved search. Thanks

Hi User_WA9MO Could you confirm if Role A has been assigned the necessary Fixed Asset Management and custom record permissions? If Role B can edit the depreciation start date, you can use the ‘Show Role Differences’ feature to identify which specific permission needs to be granted to Role A. Thank you

Hi Chelsea Jacobs As per SuiteAnswers #104355 - Creating Asset Records Manually, "Include In Reports – Check this box to include the asset in the Asset Register and Asset Summary Report. By default, all assets are included in the report." Also the Asset Register report is FAM module report generated from Fixed Assets >…

TRUE

Hi Chelsea Jacobs Why are the assets with 'Include in reports = False' setting being shown in the Asset register? Thank you

C) Revenue element

Hi Mich, It has been cited in limitations of SuiteTax that NetSuite CRM product is incompatible with SuiteTax. Are there any alternate SuiteApps or Modules available for SuiteTax accounts to counter this limitation? Thanks in advance

Hi Angela Bayliss The intercompany JE needs to be in INR since the bank account is an INR account. The invoice is in USD. Hence when trying to apply the JE to the invoice, we will not get the invoice and the JE together since both the currencies are different. When we select USD, the invoice will be shown and JE will not…

Hi Bry Cabria-Oracle We have no issues on the checkout page. When we place an order on the website, it creates the order in NetSuite with the correct shipping cost. I then changed the item quantity in the order in NetSuite to exceed $250. For the shipping item, I configured the "Free if total order is over" feature to set…

B) Formula