Setting Up a GL Audit Numbering Sequence in NetSuite

🚨 Do you need to learn how to set up a GL Audit Numbering Sequence in NetSuite 🚨

This tutorial will guide you through the steps to set up a GL (General Ledger) audit numbering sequence in NetSuite.

Step-by-Step Guide 📋

1. Navigate to GL Audit Numbering 🔍
   • From the Period Close Checklist, click on the GL Audit Numbering icon, or
   • Go to Transactions > Management > GL Audit Numbering Sequences > New
2. Enter Primary Information 📝
   • Provide a name for your numbering sequence (e.g., “My Numbering Sequence”).
   • Select the open period for the sequence.
   • If you use NetSuite OneWorld, select the subsidiaries whose transactions you want to include (use Ctrl on Windows or Command on Mac to select multiple subsidiaries).
3. Choose Numbering Type 🔢
   • You have two options:
     • Repeatable: Numbering can be rerun on GL impact transactions as often as needed.
     • Permanent: Once a number is assigned, it cannot be changed. If GL impact locking is enabled, any changes to the transaction will create a copy and reverse the original transaction.
4. Configure Numbering Details ⚙️
   • Set a prefix and/or suffix for the numbering sequence.
   • Specify the minimum number of digits or the starting number for the sequence
   • Choose whether to order transactions by date or entry date.
5. Set Recurring Options 🔄
   • For permanent sequences, choose a recurring unit type (e.g., hourly).
   • Set the frequency (1-999), with best practice being 1 day or 24 hours.
   • Set the first run and the next run details.
6. Save and Validate 💾
   • Once you’re happy with the configuration, click Save.
   • Validate the numbering sequence to check if everything is set up correctly.
   • If validation passes, click Run when you’re ready.
7. Multi-Book Accounting 📚
   • For multi-book accounting, select the appropriate sequences and accounting books for processing.

Congratulations! 🎊 You’ve successfully set up a GL Audit Numbering Sequences in NetSuite! 🌟🎉

If you found this tutorial helpful, please subscribe to this channel for more tips and tutorials. Visit www.KOLLENO.com for more tools to enhance your accounting processes! 🎥