NetSuite: Locked and closed periods

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

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

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

To configure the sync to apply vendor credits in NetSuite when a period is closed, enable Non-GL Changes to the Accounting Period in NetSuite:

  1. Hover over Setup > Accounting, click Manage Accounting Periods
  2. Click the period in which the vendor credit is dated in order to edit the base period
  3. Check Allow Non-G/L Changes