Sequential Liability SuiteApp

Sequential Liability provides a unified view of accounts payable, accounts receivable, projects, and cash balances while enabling controllers to pay vendors confidently. This SuiteApp helps you effectively manage cash flow for transactions where payment to vendors is linked to receipt from customers. This is useful if you want to pay your vendors for goods or services based on payment received from customers.

You can do the following in Sequential Liability:

• View a summary of project-related payable and receivable transactions per subsidiary.

• View more details about the payable and receivable transactions for a specific project.

• View A/P – A/R details from the project record.

• View the A/P balance, A/R balance, total amounts received and paid for a project or subsidiary as KPI tiles on the dashboard.

Watch the following video for an overview of the Sequential Liability SuiteApp:

The target audience for this SuiteApp are financial controllers, accountants, and financial users who handle accounts payable and accounts receivable transactions.

Sequential Liability is available in all languages that NetSuite supports. For more information, read Configuring Multiple Languages and Choosing a Language for Your NetSuite User Interface.

Read the following topics to know more about this SuiteApp.

• Prerequisites for Sequential Liability

• Sequential Liability Terms and Definitions

• Setting up Sequential Liability

  • Tips for Setting Up Sequential Liability

  • Sequential Liability Roles and Permissions

  • Sequential Liability Workflow

  • Associating Vendor Bills and Vendor Credits to a Project

  • Associating Customer Invoices and Credit Memos to a Project

• Using Sequential Liability

  • Viewing the Project A/P – A/R Summary

  • Navigating the Project A/P – A/R Summary Page

  • Viewing the Project A/P – A/R Details

  • Navigating the Project A/P – A/R Details Page

  • Viewing A/P – A/R Details from the Project Record

  • Setting Up the Sequential Liability Custom Portlet

    Navigating the Sequential Liability Quick View

• Sequential Liability Best Practices and Limitations

General Notices