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NetSuite 2020.1 & 2020.2 Release: Balancing Segments

December 28, 2020
Learn how to utilize the new NetSuite Balancing Segment capabilities from the 2020.1 and 2020.2 NetSuite releases. This feature proves helpful by allowing NetSuite to auto create a balancing journal to balance by segment, leveraging specific due to/due from accounts without affecting your general ledger. NetSuite Consultant April Wu discusses the 6-step process.
The new release(s) support balancing by other segments including:
  • Business Units
  • Funds
  • Product Lines
  • Service Lines

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