Defining vendors for positive PTP processes
Getting the list of vendors into NetSuite should be simple, and just as we did with customers, we usually create one or two manually and then transition to working on a CSV Import. We help the client pull the data from their legacy ERP system and set up a CSV Import job to help them with mapping the fields and lists of related data.
Since vendors are used within the various Procure To Pay (PTP) transactions, we need to pay attention to a few things at this stage, to avoid issues later on.
Multiple subsidiaries
In a OneWorld account, we can have multiple subsidiaries. When setting up vendors, think carefully about which subsidiaries each vendor should be associated with. By enabling a vendor to work with more than their primary subsidiary, NetSuite allows us to select which subsidiary will be used on each transaction (for example, Purchase Order) we create for that vendor. If your client wants to allow both their School Supplies...
