Tag: Customer Refunds

The ignoreFieldChange property when setting the A/R Account on a Customer Refund record

Using the ignoreFieldChange property when setting the A/R Account on a Customer Refund record in NetSuite depends on your specific requirements and the business logic you want to enforce. The A/R Account field on a Customer Refund record is a crucial field that determines the accounting impact of the refund. It is typically associated with… Continue reading The ignoreFieldChange property when setting the A/R Account on a Customer Refund record

PART 3.3 – Customer Transaction GL Impact

Customer payments are the amounts received from customers in exchange for goods or services sold. To record the payments received that are not yet deposited to the bank, GL impact will show an increase in undeposited funds and a decrease in assets (account receivable).  Here’s how to record payments that are deposited directly into the bank.… Continue reading PART 3.3 – Customer Transaction GL Impact