RE: Contra

I have a client running an interco transaction which I’m not as familiar as I would like and rather than transfer the payment for the purchase invoice and the sales invoice they want to contra intercompany
So the purchase accrual and the internal sales accounts payable side they would like to know if there is a way to net this off rather than create a payment ?
Rather than create a journal
Any help greatly appreciated
Yoggy42 Beginner Asked on May 18, 2020 in Accounting.
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1 Answers
Best answer

I didn’t follow all that, but there is no netting in NetSuite.

Advanced Answered on May 20, 2020.
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