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Tvarana Ancillary Charges for NetSuite

Status: Unverified

Tvarana Ancillary Charges for NetSuite lets users record ancillary charges in the NetSuite system. Ancillary charges could be anything from write-offs, bank charges etc. To record any charges, the user is expected to manually post a Journal Entry that is not connected to the original transaction. If the user forgets to record these charges correctly or add appropriate comments, it would be nightmare for accountants during close or reconciliation exercise.

View on Suiteapp.com

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Description

Introduction

Tvarana Ancillary Charges for NetSuite is an application that solves the problem of including ancillary charges like taxes, bank charges or any exclusive expense that needs to be recorded during an invoice creation. It eliminates multiple entry issues and ensures reflection of the ancillary charge entry data in Invoice statement and Journal entries.

Key Benefits

  • Low Cost with Free trial
  • Automate charges on payments
  • Ease of Use
  • Add multiple ancillary charges
  • Ability to define charge types

Description

NetSuite Ancillary Charges is a one-step simple entry system to add all ancillary transactions like bank charges, write off’s etc. NetSuite user can apply these charges either in the invoice or via a journal entry. Our SuiteApp will automatically post these entries and apply it to the transaction.

FEATURES

User-Defined Charges

Allows user to create, setup and use any number of Charges with preferred accounts. This helps users to build the list of charges.

Easy to Apply

Easy for users to apply Charges on the customer payment transaction. App will apply these charges based on the setup and apply it to the open transactions.

Easy to Track

All the charges applied for transactions are tracked in separate records as well. This helps user to track the required charges in the future, as all these are stored at once place. User can also build a Search on this record to filter results as required.

User productivity

Users will be more efficient creating one transaction and the app recording the other ancillary transactions and applying them to open transactions.