Applying Bill Credits Natively (NetSuite)
You can leverage bill credits through NetSuite's native platform, by following these steps:
Navigate to Vendor Credits
Go to Transactions → Payables → Enter Vendor Credits.
Enter Credit Details
Select the vendor you would like to credit and fill in all other required fields.
Under the Expenses & Items tab, enter the Account and Amount details, then select Save.
Apply Credit to Bill(s)
Select Edit on the Vendor’s Bill Credit page that appears after saving the credit details.
Select Apply and select the bill you would like to apply the credit to, then select Save.
If the Auto Apply checkbox is selected, it will automatically select a bill from the list. If you do not wish to apply the credit to that bill, you may select another one.
View and Pay Reduced Bill(s)
In the navigation bar, select Accounts Payables (New) → Payments. The credit bill should now display the Original Amount and a reduced Amount Due.
NOTE: The plugin will only transmit the amount paid in NetSuite, which will be the remaining bill amount after any vendor credits or discounts are applied.
For users who view payments made in the NetSuite bank plugin later in their bank portal, the amount shown will be the same remaining bill amount that was paid in NetSuite.