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The NetSuite Installments Feature

The NetSuite Installments Feature

by Kimberly Cornelius | Jan 2, 2024 | NetSuite for Administrators

The NetSuite Installments feature allows you to set up installment payment terms for your customers and vendors. Let’s take a look at how you would set up and use the Installments feature in NetSuite. Setting Up the NetSuite Installments Feature If you’re...
Statistical Accounts in NetSuite

Statistical Accounts in NetSuite

by Kimberly Cornelius | Dec 12, 2023 | NetSuite for Administrators

Have you ever needed to track non-monetary accounts in NetSuite? With Statistical Accounts in NetSuite, you can do that. Let’s take a quick look at what these accounts are and how you can set them up in NetSuite. Statistical Accounts Overview First, the...
Multiple Calendars in NetSuite

Multiple Calendars in NetSuite

by Kimberly Cornelius | Dec 5, 2023 | NetSuite for Administrators

If you use OneWorld, then you should consider using the Multiple Calendars feature. When you enable Multiple Calendars in NetSuite, you can create multiple fiscal calendars that apply to your accounting periods and tax periods. Let’s take a look at this feature...
NetSuite In-Transit Payments

NetSuite In-Transit Payments

by Kimberly Cornelius | Nov 15, 2023 | NetSuite for Administrators

The NetSuite In-Transit Payments feature helps visualize the separate steps that payments go through. To do this, In-Transit Payments has two distinct stages: recording a payment intent and documenting the actual deposit. In this blog, we’re going to take a look...
Consolidated Payments in NetSuite

Consolidated Payments in NetSuite

by Kimberly Cornelius | Nov 7, 2023 | NetSuite for Administrators

If some of your customers have subcustomers, then you should definitely consider using Consolidated Payments in NetSuite. The NetSuite Consolidated Payments feature allows you to accept payments from either top level customers or from the individual subcustomers who...
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