Dear all,
It turns out there is an additional IEEE requirement to attach supporting documentation to every transaction $1,000 and above. This has not been done yet, but I will be working away at it.
However, there is currently no way to automate this process in NetSuite; it requires someone to manually touch every transaction $1,000 and above to attach the documentation. The upload template that IEEE is looking into for us, will be incapable of doing such documentation attachment.
This is a problem for IEEE 802 LMSC. For example, many of our credit card deposits are $1,000 and above. I just did a survey of IEEE 802 LMSC's finances for the first half of 2015, and 206 out of 322 transactions are $1,000 or more. The only documentation that I have for credit card deposits are the monthly Wells Fargo checking account statement and the monthly credit card merchant account statement. Given an envelope calculation, I will essentially be attaching the exact same documents to approximately 30 transactions each month. Manually.
This is not a problem for 2015, in that we did receive special dispensation for 2015 only to consolidate similar transactions on a monthly basis. But for 2016, I may just quit rather than face the effort that is being required upon us.