Netsuite Procedures 

Bills:

• Paid In Full: Payment has been sent to vendor or, if the due date is in the future, payment has been scheduled to be sent.

• Pending Approval: Bill is not yet approved. Bill is waiting on approval from last approver in line.

• Rejected: Bill was rejected and needs edits.

Donation|Cash Sales:

• Deposited: Donation has been deposited to a bank account.

• Not Deposited: Donation has not been deposited to a bank account.

Invoices:

• Pending Approval: Invoice is not paid and has not been reviewed by MSC's Finance Team.

• Open: Invoice has not been paid.

• Paid In Full: Invoice has been paid.

Journal Entries:

• Approved for Posting: JE is final. Cash has been received.

• Pending Approval: JE is not final. No cash has been recieved or transferred.

Payments:

• Deposited: Payment has been deposited to a bank account.

• Not Deposited: Payment has not been deposited to a bank account.

• OPP-Prospecting (0.01) - MSC/Project is considering applying for a grant.

• OPP-Cultivation/Proposal Prep (0.05) - MSC/Project is preparing an application.

• OPP-Solicitation/Proposal Submitted (0.15) - MSC/Project has submitted the application

• OPP-Negotiation (0.5) - MSC/Project is negotating with the funder on the terms of the grant.

• OPP-Verbal Commitment (0.85) - Funder has emailed or verbally notified MSC/Project they were awarded, but no agreements are in place.

• OPP-Won - Documented Commitment (1) - Grant agreement is signed.

• Active/Won (1) - Grant has been awarded and recognized on MSC's books.

• OPP-Lost - Declined (0) - Funder declined the proposal.

• OPP-Lost - Did Not Respond (0) - Funder never responded to the proposal.

• OPP-Lost - Did Not Solicit (0) - MSC/Project decided not to submit an application