Tuesday, May 14, 2019

Entering Letter of Credit in NetSuite

Letter of Credit can be entered as as custom payment method in NetSuite.

1. Navigate to Setup  > Accounting > Accounting Lists > New
2. Type = Payment Method
3. Payment Method = Letter of Credit
4. Place radio button either under Group with Undeposited Funds or Deposit To then choose the
Account
5. Save the payment method

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