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NetSuite OneWorld Implementation 2011 R2 by Thomas Foydel

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Adding new records

There are times when a custom field or even several custom fields do not suffice. If you ask the question, "Are there multiple instances of the same group of custom fields?" and the answer is, "Yes," you need to add a custom record. The custom record has multiple fields and it allows you to enter and save multiple instances of the record, keeping a history of all instances.

Take the example of computing assets that your organization purchases and that come with product warranties. Any employee might have several assets, and each asset could have several warranty renewals. You could have several custom fields to hold the details of each asset and its warranty but, each year, when you enter the new data, you lose the current data. ...

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