What It Does
Capabilities & Features
The Prolecto Small Balance Write-Off is a tool within NetSuite to easily consolidate and write off open accounts receivable and Customer Deposit balances that are lower than a predetermined threshold.
Why It Matters
Business Value
Especially for NetSuite organizations that capture order transactions outside of NetSuite (e.g., eCommerce), there may be financial transactions that have small open balances. The tool addresses those balances in a scalable and methodical manner.