Chargeback Journal Entries
When a chargeback is responsible for a transfer of funds, either inbound or outbound, a journal entry record must be entered to adjust the balance in your accounts without entering a transaction.
A journal entry record with the Debit Expense and Credit A/R accounts of the customer is created automatically when you write off a chargeback. A link to this journal entry is entered in the Expensed as field.
Journal entry records are also created automatically when a chargeback is won or lost. These journal entries are displayed in the Posting Transaction field under the Chargeback Notifications subtab.
For more information, see Journal Entries Overview.
Related Topics:
- Chargeback Workflow
- Setting Up the NetSuite Chargeback Workflow SuiteApp
- Configuring NetSuite Chargeback Workflow
- The Chargeback Record
- Chargeback Notifications
- Managing Multiple Currencies and Chargebacks
- Adding an Assignee to a Chargeback
- Adding Supporting Documents to a Chargeback
- Writing Off a Chargeback