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?
oh right, I forgot about the PO part… hmmm I don’t know of any other way to tie the PO to the Bill unless you bill directly against the PO; I don’t think Expensify has the ability to Bill against a PO yet.. can you check with your account rep to see if that is possible, and if not what they suggest?