Reconciling the Good Receive Not Invoiced has long been a challenge for businesses busily receiving inventory or services with:

• Purchase order lines delivered in part or in full
• Vendor bills that may or may not match the PO or the Delivery
• Price variations between the PO and the Bill

AVT has documented a process that greatly aids in managing the reconciliation of this critical business account so that variations can be identified quickly and action is taken to ensure that inventory is properly valued or non-inventory purchases expensed.

This Webinar Exciting features include:

• Demonstrate AVT’s recommended leading practice for the processing of Item Receipts, Vendor Bills
• How to review and ensure that the account is properly reconciling using:
  1. AVT’s custom Saved Search
  2. T’s custom Transaction Reports
  3. Take away the stress and mystery that is often involved in running the “Post Vendor Bill Variances”
• Take away the stress and mystery that is often involved in running the “Post Vendor Bill Variances”

The solution provides tools to help manage the Inventory Received Not Billed account by tracking the relevant transactions: Purchase Orders, Receipts, Bills and Journals.

AVT is confident that the Procurement and Accounts Payable staff will gain great value from this webinar.

Netsuite has included in Release 2019.2 new functionality to assist staff responsible for the reconciliation of bank accounts and credit cards.

This webinar will provide those staff members with a detailed overview of this functionality and how it can be deployed to improve efficiency, productivity and compliance.

Exciting features include:

• Structured file formats that go beyond simple CSV
• Automatic matching of Bank Account numbers in the Bank File to the relevant Netsuite Bank Account
• Matching rules that can be applied to imported transactions using a variety of criteria
• Simplified manually matching
• Ability to create single records for new charges, deposits and journals
• And more……