21 Release Notes 23.12.1
NetSuite for Government 23.12.1 Release Notes
Revision Date: December 19, 2023
Important:
This document summarizes the changes to NetSuite for Government between 23.12.1 and the previous release. These release notes are subject to change every week.
The 23.12.1 enhancements and changes listed in this document are not available to customers until they are upgraded to NetSuite for Government 23.12.1. Your access to these features and SuiteApps is subject to the terms of service in your NetSuite for Government contract.
Please also review the NetSuite general release notes for a comprehensive view of changes to the release. During this release period, NetSuite version 2023.2 is released. The general NetSuite release notes are accessible at this link:
https://docs-uat.us.oracle.com/en/cloud/saas/netsuite/ns-online-help/book_N3865324.html
NetSuite for Government Version 23.12.1 – Release Date December 19, 2023
- 1099 File Export functionality:
- Reports are now available to support the 1099 year-end processing for 1099-MISC and 1099-NEC. With this option, a CSV file is produced for reporting on third party systems such as the IRS Taxpayer Portal and other tax partners. The report is delivered within the "Reports" menu under the Federal Filing tab and generates the file in a secure file cabinet location accessible by only the Administrator, NS4G- Finance Director and NS4G -Accounting Manager.
- Government Budget Validation Setup:
- Removed Pre-Encumbrance & Override Budget Role from NS4G.
- Added Budget Check Date to new body field group Budget Check in purchase order form.
- Added the Account field as a display on the Items tab on Requisition, Purchase order and Vendor bill.
- Set the item Account field to Read-only on Purchase orders, bills, and Requisitions or enable it to drive General Ledger Impact account.
- Users have the ability to allow or disallow pre-encumbrances to be calculated in their budget validation.
- Budget validation calculation criteria.
- Warning or block if budget is exceeded.
- Drill down to General Ledger inquiry.
- General Ledger Summary screen:
- Excluded Period Ended Journal Entries from General Ledger summary and Inquiry screens.
- Grants and Projects Enhancement:
- Added “Number” fields for Grant, Project and Project tasks. Enabled them in global search.
- GASB Reports:
- Provided access to Net Position report template in the system setup page.
- Contract Enhancement:
- Added Contract Type field.
- Corrected an issue on the AP Proof Listing where liability accounts were incorrectly displayed as negative numbers.