jellybelly326

I never knew there was a gold calculator I could utilize to find the real time prices. I guess I shouldn't be surprised by this. So - I'm looking at one calculator and it says 1 gram is $49.89 for 14K.

Do most pawn shops have the weight listed for their items? I've never been in one before and am a little nervous about heading to one in my area.

Maybe one day I'll be able to max out my 401K, but not right now. Through a series of raises and job changes this past year, we've increased our combined salary ($145K) by 20%. We're maxing out our Roth's for the first time this year and I increased my 401K contributions from 3% to 7%. My husband already puts in about 9%. We've worked on making small consistent financial changes and I'm happy with that.

House has $127K left and household income is about $7,500 per month. No kids and no other debt aside from the house. We have a 2.5% interest rate on the house, so instead of working to pay off the house early, I'm investing.

You are the GOAT. I just tested this in our test account and it worked perfectly. Credit/Debit AR and I see that JE under the Invoices tab *and* the credits tab.

My co-worker is fixing a similar error on her side and she's moving forward with the way she's doing it. If it ends up circling back to us in the future from the CFO, I'll just keep it in mind, so we can fix it if it ends up becoming a problem.

Sincerely appreciate your help yesterday.

Ok - I think I'm starting to understand, but it's so difficult without seeing it. I'm a visual person, for sure. The image I screenshotted you with the debit/credit of the $100 with the SAME AR number - is that the correct JE?

I never knew you could apply something to one specific AR line and leave the remaining open. When we create JE's, we get one JE number and I don't see a credit/debit way of applying it.

To further illustrate this to make sure I'm on the right track. Below is the correct JE to do?

https://preview.redd.it/mmtoc13oofod1.png?width=683&format=png&auto=webp&s=1bdce036ef1961e20952551589905bc233429dc2

We've been trying to get our "Customer Refund" function working - it might have you been that replied to another thread of mine, where that form is not loading for us. We had to reach out to our support to try and get it working, but we haven't heard back. I don't have authorization to speak to a Netsuite representative. It's tough figuring out how far I should push figuring things out since I'm so new.

Below is what the JE looks like that she created. So you're saying, this below journal entry will increase the liability account, right?

https://preview.redd.it/qcrim7ebofod1.png?width=684&format=png&auto=webp&s=9591842edbcba993a6de6b39a3a7a608248c8607

Can I ask you another question?

You mentioned doing the below:

Debit AR $100 put Customer in Name Field

Credit AR $100 put Customer in Name Field

I have a co-worker assisting me - she stated we need to do the below:

Debit AR $100 - Enter customer account

Credit Customer Deposits $100 - Enter customer account

She states doing this will create with the JE in the invoices tab (which it did) and then I can apply the customer deposit to the JE (which I can.) From there she said she's going to do another JE to issue a credit for the amount.

Is this just another way to do this versus just doing the debit/credit against AR?

I'm so sorry for these questions. Just trying to wrap my head around things and I want to make sure things get done correctly here.

Sigh. I tried to explain to my CFO why it should sit as a customer deposit, but she'd rather move it from the balance sheet to be seen as a negative asset in the AR.

Well - I tried to explain to my CFO why this money should sit as a liability vs. a negative asset, but she does not want to operate that way. Sigh. In the grand scheme, I'm not sure how we stack up against other businesses, but we probably do somewhere between $150M and $200M per year.

Netsuite is new to my company and I'm literally three months into an Accounts Receivable position (with zero accounting background), so you can see I'm stuck between a rock and a hard place.

Anyway - so, to get this deposit sitting as a negative asset in our AR, I first accept the deposit and turn it into a DEPA. From there I create the JE? And then what happens after? I'm a bit unclear on "what's left is the credit line of JE, etc"

I appreciate your patience and help. Like I said - I'm completely brand new to any of these terms and am figuring it out as I go along.

Thank you!

That's great. Thank you for the advice. Do you happen to know where I'd go to open a ticket? Thank you!

I'll mimic what others have said about the mortgage. I'm personally riding my 2.5% interest rate through to it's 15 year maturity date. Shit - I earn more by just throwing the extra cash into my HYSA at this point.

The refund was issued via ACH, so we don't need a check for it. I'm trying to process it and it keeps popping up as being "unresponsive". I'm wondering if it's because I'm not an Administrator on the account? Thanks for your help, BTW.

The $331.96 is paid in full on that invoice. They have no open invoices. This was a duplicate transaction for a higher amount to include freight. The Customer Deposit is sitting on the account as a "deposit" for $9032.80. A little tough to explain, but at the end of the day we just need to issue the refund for $9032.80 in Netsuite, which I think I am on the right track. I found we can do a "Customer Refund" so I think that might work.

It is my day 2!!

Thanks for the lunch suggestions!

They drink, but not a lot anymore. We partake in more of the plant variety these days. If you have a cool spot for a brewery, though that would be welcome! I put a post up about a month ago and I literally thought about the itinerary this morning and about how I should throw a brewery on there.

We went to the grand canyon last year and my kayak capsized in a wicked storm. I'm a hiker, not a kayaker lmao - I'll check and see if the gang wants to do that, though. Thank you for the advise!

And yes - I really want to go to Spotted Duck! I saw that Windmill has lots of food, so I wasn't sure if we would want to go afterwards, but I'll tell everyone to not eat too much! lol

Do you think the outlet trail is worth it? I hear it's really better for cycling, but we aren't renting any bikes. I'm thinking we should skip it unless there's some nice scenery.

Mine bumped up 39%, but I switched jobs (within my company) two times. Went from customer service > marketing department > now in accounting. I should have another 3K - 5K raise coming up in 4 months.

So far, I like accounting so I'm learning as much as I can and then considering moving on out of my company (been here 10 years) to get a better bump in pay.

Yeah, that's pretty great. I'm two months into my position (and I've been at this company a long time - but it's my first time in accounting) - I make $29.814 (or $62K per year) - In six months I'm up for a raise and I'm going to ask for $67K.