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netsuitefinance

How do I pay a pro-forma invoice in NetSuite?

I'm using NetSuite. I want to buy some stock from another company. However, they've sent me a pro-forma invoice. So I need to pay for it before they will ship it. Which is fine.

How do I process that? What record do I create? How can I tie that to a purchase order so I can book the items in when they arrive?

Seems like this is just an impossibility.

Solution

  • You can use vendor prepayment to record the payment to vendor before shipment arrived.

    Vendor prepayment can link to a Purchase order. So after purchase order is received and vendor bill is raised, the vendor prepayment will auto apply to the bill.

    Vendor prepayment can be enabled from Setup -> Enable Features > Accounting Tab > "Vendor Prepayments"