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Locked and closed periods in Oracle NetSuite

If Books Closed date setting is enabled, we will match Books Closed functionality in Oracle NetSuite.

If Books Closed date setting is not enabled, and a period is closed in Oracle NetSuite, transactions will not be allowed to sync over from Bill.com

If a period is locked in Oracle NetSuite, transactions will be allowed to sync over from Bill.com.

If you would like the sync to be able to apply vendor credits in Oracle NetSuite, when the period is closed, you will want to enable Non-GL Changes to the Accounting Period in Oracle NetSuite:

  • Setup > Accounting > Manage Accounting Periods
    Click on the period in which the vendor credit is dated in order to edit the base period
    Ensure "Allow Non-G/L Changes" is checked on as true

 

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