NetSuite ERP for Administrators

Vendors

The information on the vendor record will be sourced into any transaction with that vendor. We can save time that would be spent editing each individual purchase order by setting up the defaults on the vendor record, for instance, the email address is necessary if we want NetSuite to email purchase orders to each vendor. 

The necessary options are available on the Financial tab of the vendor record. We can also set a specific Expense Account and Payables Account for this vendor if they are different from the default accounts specified under Setup | Accounting | Accounting Preferences. Set up the TERMS and CREDIT LIMIT that we have with that vendor. The CREDIT LIMIT prompts the user when it is about to be exceeded, whereas the TERMS ...