NetSuite Changelog
Order ManagementRelease NotesNew FeatureProcurementIntegrationAPI

Vendor Credit Inbound Support in NetSuite 2023.2

Vendor credit transactions are supported as inbound types in NetSuite 2023.2 for improved order management.

·2 min read·From NetSuite Release Notes PDF

Starting in NetSuite 2023.2, electronic invoicing has been enhanced to support vendor credit transactions as an inbound transaction type. This addition significantly improves the way organizations handle vendor credits and facilitates a smoother documentation process across various platforms.

Key Features of Vendor Credit Inbound Support

  • Inbound E-Document Creation: You can now create inbound e-documents for vendor credits manually with the transaction type Bill Credit. This can be achieved through REST web services or by using an email capture plug-in, providing flexibility for capturing vendor credit information.
  • PEPPOL Credit Memo Processing: NetSuite now supports the conversion of vendor-issued PEPPOL credit memos into inbound vendor credits. This integration allows businesses operating in regions supporting PEPPOL to seamlessly manage vendor credit transactions.
  • Utilization of Templates: To assist with the conversion and ensure accuracy, a sample vendor credit inbound e-document template is available. This template can streamline the data entry process and help maintain consistency across transactions.
  • Custom Data Source Plug-In: Businesses can further customize their onboarding process using a custom data source plug-in, enabling them to tailor data capture methods to fit their unique business requirements.

Implementation Considerations

When implementing the vendor credit inbound support, consider the following:

  • Integration with Existing Processes: Ensure that your existing workflows align with the new inbound vendor credit functionality to avoid disruptions.
  • Training for Users: Provide adequate training for relevant team members, as familiarity with the new processes will facilitate a smoother transition.
  • Testing: Before full-scale implementation, conduct thorough testing to verify that all data is correctly captured and processed.

Who This Affects

  • Administrators: Responsible for configuring settings related to vendor credit transactions.
  • Developers: May need to leverage REST web services and plug-ins for integration.
  • Accountants and Finance Teams: Benefit from streamlined documentation processes for vendor credits, improving efficiency in accounting practices.

Key Takeaways

  • Vendor credit transactions can now be processed as inbound types in NetSuite 2023.2.
  • Supports manual creation via REST services and email capture.
  • Includes PEPPOL credit memo processing for enhanced integration.
  • Utilize available templates and customization options for better data handling.
  • Training and testing are crucial for successful implementation.
Source: Vendor Credit Inbound Support — NetSuite Release Notes PDF. This article was generated from official Oracle documentation and enriched with additional context and best practices.