Our January updates deliver powerful enhancements across Invoice Automation, Payment Automation, Accrual Automation, and Approval Automation, all designed to keep your AP workflows flowing seamlessly within NetSuite.
Accrual Automation: More accurate accruals and clearer audit trails
Charted Accrual Automation helps finance teams handle month-end accruals when billing is irregular, approvals are still in-flight, or accruals need to map cleanly to the right accounts for reporting and audit.
Granular offsetting credit account mapping
You can now map different offsetting credit accounts based on debit activity categories, rather than sending everything to a single “catch-all” offset account.
Previously, all accrual journal entries used one offsetting credit account regardless of expense type. Now you can configure specific offset accounts for different activity categories—advertising, software subscriptions, professional services, and more. This keeps journal entries balanced while improving clarity in reporting and audit trails. Finance teams can see exactly which offset account was used for each accrual without manual rework or post-close adjustments.
This mapping works alongside existing consolidation settings, so you can group or separate lines based on how your team prefers to review entries. The accrual worksheet also now includes a Pending Approval column to help prevent double counting by separating amounts already entered but awaiting approval from estimated accruals.
New purchase order accrual type for irregular invoicing
A new accrual type—Purchase Order Accruals LTD—supports scenarios where invoices arrive irregularly (quarterly, annual true-ups, project-based billing). This method accrues from the PO start date, minus invoices already received, helping teams recognize expenses more smoothly across the period.
- Better for quarterly or irregular invoices: Useful when spend is incurred monthly, but billing lags.
- More predictable expense recognition: Helps avoid “lumpy” expense months when invoices finally arrive.
Approval Automation: Approval limits based on the approver local currency
Approval workflows now support a setting that compares transaction amounts against approval limits in the approver currency (for employee hierarchies). This is especially important for multi-entity, multi-currency organizations where a single conversion model can lead to mismatched approval steps.
- Setting: Use Approver Currency For Approval Limits
- Scope: Applies to employee hierarchies and takes priority over the prior single-currency approach.International Payments: Expanded vendor reach across 16 additional countries
International payment capabilities continue to expand, with 16 additional receiving countries now supported. This update broadens vendor destination coverage for customers already using international payments, enabling you to pay more global vendors from the same unified NetSuite workflow.
Charted International Payments supports 200+ countries today, intelligently routing each payment through the optimal method—International ACH (iACH) using local rails or SWIFT wire transfer—to reduce processing costs while maintaining the same approval workflows you use for domestic payments.
Invoice Automation: Smarter touchless processing for PO-backed invoices
Touchless Invoice Processing just got smarter. When Auto-Create PO Bills is enabled, invoices that include a PO number but can’t match immediately are now automatically rechecked in the background.
This enhancement addresses a common real-world scenario: invoices arrive before goods are received, and the PO transitions later (for example, from Pending Receipt to Pending Billing). Instead of requiring manual intervention, the system now retries matching automatically as PO statuses update, increasing the percentage of invoices that flow through touchless processing without any manual steps.
Request a demo to see how Touchless Invoice Processing can automate 25%+ of your routine invoices.
Additional improvements
- Payment onboarding form configuration: The advanced form builder now supports ACH-only display, preventing vendors from selecting checks when your company doesn’t accept them.
Looking forward
Teams are continuing to invest in accrual accuracy, approval precision in multi-currency environments, and payment/vendor onboarding quality improvements. These updates help finance teams stay in the flow inside NetSuite without switching systems or managing external integrations.
Ready to explore how these updates can transform your AP operations? Schedule a consultation with our team of NetSuite and AP automation experts.
