Thursday, 16 March 2017

How to Record a Cash Back from a Deposit in Netsuite


You can record cash received back from a deposit when you create the deposit slip in NetSuite. Enter the amount received on the Cash Back subtab on the Deposit page.

To record cash back from a deposit:

  1. Go to Transactions > Bank > Make Deposits (Administrator).
  2. Create a deposit. For more information, see Making Deposits.
  3. Click the Cash Back subtab.
    1. In the Amount field, enter the amount of cash you got back.
    2. Select the account the deposit comes from.
    3. Select a department, class or location.
    4. Enter an optional memo.
  4. Click Add.
    Repeat the steps above for any other cash items you received from deposits.
  5. Click Save.​

2 comments:

  1. How would you process if the payment has a discount that you need to see in the "Sales Revenue-Discount" when the amount is unknown until you receive the actual payment?

    ReplyDelete
  2. "I'd say if he's dodgy enough to be offering this, the job is likely to be shoddy at best - a decent tradie wouldn't be risk losing their business just to avoid some tax obligations" Cash Discount Program

    ReplyDelete