After installing the Dunning SuiteApp. All Active Subsidiaries Dunning Configuration will be automatically performed. Additionally, each new subsidiary you create will come with an automatic the associated system-generated dunning configuration record. The Default Settings: Automatically Assign to New Customers box is checked – This means that each new customerrecord created for the subsidiary is automatically assigned… Continue reading Subsidiary Configuration: Dunning
Author: Vishnu Mohan
Dunning: Bulk update Customer records
Custom fields used for dunning in the customer records can be updated using the bulk update feature provided by the Dunning module. The bulk updates will apply to all customer records. Go to Setup > Dunning >Bulk Update Customer Records Select the subsidiary select the changes you want for the custom fields Allow Letters to… Continue reading Dunning: Bulk update Customer records
Installing Dunning Bundle & Prerequisites
To install the Dunning Letters SuiteApp: Go to Customization > SuiteBundler > Search and Install Bundles. In the Keywords field, enter the bundle ID, 392827. Click Search. Click the Dunning Letters SuiteApp link in the Name column. On the Bundle Details page, click Install. Prerequisites for Dunning Before installing the Dunning Letters SuiteApp, check the following features are also enabled in your NetSuite… Continue reading Installing Dunning Bundle & Prerequisites
Schedule the dunning evaluation workflow
Go to Customization> Workflows> List. To schedule the dunning evaluation workflow for customers, click the Customer Dunning WFScheduler workflow.To schedule the dunning evaluation workflow for invoices, click the Invoice Dunning WF Schedulerworkflow.To schedule the dunning evaluation workflow for invoice groups, click the Invoice Group DunningWF Scheduler workflow. Click on More option, and select Make Copy.… Continue reading Schedule the dunning evaluation workflow
Auto-Generated Numbers (Subsidiary wise)
When you use auto-generated numbering with NetSuite, you can make your document number sequences independent per subsidiary. Go to Subsidiary Record: Setup> Company > Subsidiary > Edit On the Document Number Prefix field provide the prefix you want to configure. Click Save. Enter up to 8 alphanumeric characters in this field to number transactions with… Continue reading Auto-Generated Numbers (Subsidiary wise)
Configuring Vendor Prepayments With Auto-Apply
The Auto-Apply accounting preference is enabled by default, affecting all the prepaymenttransactions that meet the Auto-Apply conditions. If you want to apply the prepayments alwaysmanually, you must disable the Auto-Apply preference.To configure vendor prepayments with Auto-Apply: Go to Setup > Accounting > Preferences > Accounting Preferences. Under the Accounts Payable section, configure the Auto-Apply Vendor… Continue reading Configuring Vendor Prepayments With Auto-Apply
Configuring a Default Vendor Prepayment Account
Vendor prepayment accounts can be configured in 2 ways Company Level Subsidiary level This is the account that NetSuite selects by default when entering a new vendor prepayment transaction. To configure the default vendor prepayment account at the company level: Go to Setup > Accounting > Preferences > Accounting Preferences. Under the Accounts Payable section,… Continue reading Configuring a Default Vendor Prepayment Account
Vendor Prepayment Approvals
To set the preferences for vendor prepayment approvals: Go to Setup > Accounting > Preferences > Accounting Preferences. Under the Approval Routing section, check the Vendor Prepayments box. Click Save. Go to Setup > Users/Roles > Manage Roles. Click Edit or Customize next to the role you want to add the Vendor PrepaymentApproval permission to.… Continue reading Vendor Prepayment Approvals
Purchase Requests in Advanced Procurement
A purchase request is a transaction that records a purchase that needs to be made. The request details the item needed and the anticipated price of the item. When the purchase request needs to become a purchase, the request must be converted into a purchase order. Employees with access to purchase requests can enter requests… Continue reading Purchase Requests in Advanced Procurement
An Intercompany Journal Entry to transfer Expenses from one Subsidiary to another Subsidiary
Intercompany allocation schedules transfer a balance from one source subsidiary account to multiple destination subsidiaries for costs that are shared between subsidiaries. Below are the steps to successfully transfer expenses from one Subsidiary to another: Navigate to Lists > Accounting > Accounts > New Create new Intercompany Accounts Receivable Name: Intercompany Accounts Receivable Type: Other Current Asset Eliminate Intercompany Transactions: T Subsidiaries: parent company (include children) Include… Continue reading An Intercompany Journal Entry to transfer Expenses from one Subsidiary to another Subsidiary