Shared Transactions - Crediting an Intercompany Vendor Bill
The Shared Transactions Vendor Bill Automation feature can also automatically create a bill credit when a credit memo is created from an intercompany invoice, and associate that bill credit with the corresponding intercompany vendor bill. The walkthrough below demonstrates this process.
This process only applies to items that are not classified as Inventory Items. When an IC invoice is saved, the Vendor Bill Automation will automatically create an expense on the IC vendor bill. However, this process does not automatically transfer inventory in NetSuite. As a result, credit memos and returns cannot be created for Inventory Items that are linked to the Shared Transaction Vendor Bill Automation.