RE: Expensify/Vendor Payments
Hello! We are starting a new process of recognizing our company credit cards as an account in NetSuite (like a bank account). We are also starting to use Expensify to help with expenses, as well as with recording our CC charges. One area where we are struggling to comprehend is how Netsuite will account for a credit card charge that pays for a vendor bill. So we enter a PO, that generates a bill, but we pay for the bill via their online portal. How do we tie that payment to the bill in Netsuite so that it 1) shows up as paid and 2) doesn’t reflect twice (ie; once via the import, once via the payment).
Anyone else have any experience with this that can give us some insight?
We plan on using the 3rd option, and are configured as such. How does this work in the following scenario?
Vendor sends us a bill, which we enter from a purchase order. We pay the pill via credit card outside of netsuites. Expensify will pull that transaction in. How do we tie that imported transaction to pay the bill created from a purchase order?