Follow these steps to create a memorized transaction in NetSuite:
Step 1: Log In to NetSuite
- Access your NetSuite account using your credentials.
Step 2: Navigate to the Transaction
- Go to the Transactions menu.
- Select the type of transaction you want to memorize (e.g., Invoice, Bill, Journal Entry, etc.).
Step 3: Fill Out the Transaction Form
- Enter all necessary details for the transaction, including amounts, accounts, items, and any other relevant information.
Step 4: Save the Transaction
- Once you have completed all the fields and verified the information is correct, click the Save button.
Step 5: Memorize the Transaction
- After saving, click on the Actions menu at the top of the transaction page.
- Select Memorize from the dropdown options.
Step 6: Set Memorization Preferences
- In the Memorize Transaction window, set the following:
- Name: Give the memorized transaction a descriptive name.
- Type: Choose whether you want it to be a Scheduled or Reminder memorization.
- Scheduled: Automatically create the transaction on specified dates.
- Reminder: Set a reminder for manual entry.
- Frequency: If scheduled, set how often it should recur (e.g., Daily, Weekly, Monthly).
- Start Date: Set the date when you want the memorization to begin.
Step 7: Save the Memorized Transaction
- Click Save in the Memorize Transaction window to finalize the setup.
Step 8: Manage Memorized Transactions (Optional)
- To view or edit memorized transactions:
- Go to Lists > Accounting > Memorized Transactions.
- Here you can edit, delete, or view details of existing memorized transactions.
By following these steps, you can create a memorized transaction in NetSuite, streamlining your repetitive financial processes and saving time on data entry.