Articles tagged #PERIOD
Articles tagged
#PERIOD
Business Activity Statement: Transaction Date
Customer wants to know if the Business Activity Statement is picking up Invoice Date or Invoice Posting Period.
Permission to Edit Vendor Bill Even When Posting Period for AP Transactions Is Locked
A non-administrator needs to edit a Vendor Bill but the posting period for their A/P Transactions is locked.
Item Receipt / Item Fulfillment > The Transaction Date Is not within the Date Range of the Selected Posting Period
Accounting Preference: Allow Transaction Date Outside of Posting Period = Warn or Allow
Review Inventory Activity
If you use NetSuite OneWorld, this task opens a customizable version of the Inventory Activity Detail report. This report provides a view of specific inventory values. The report details are based on the item level total inventory value in a specific subsidiary context.
Review Inventory Cost Accounting
When closing a period, you must run the costing accounting process for the period close. To complete this task, ensure that there are no costing items to be corrected and that inventory costing calculations are not already currently running.
Reviewing Negative Inventory
You can identify any negative inventory values that can be corrected by adjusting them to be positive. This process does not create a physical count. A physical count should already be completed before you begin this task.
Void a Vendor Bill that was Posted on a Closed Period
Scenario
Solution
Role Permissions > Period Close Checklist
Here are the names of the permissions required for each task in the Period Close Checklist. Please note that some tasks may not appear here depending on the availability of certain features in the customer account.
Resolve Error: Update Transaction Failure: No Valid, Open, Tax Period for Date - Null When Approving Journal Entry with Reversal
User is unable to approve journal entry with reversal date next period due to notice: "Update Transaction Failure: No valid, open, tax period for date - null"