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Create a New Income Statement Layout

Posted by Justin Myung, Consultant on Nov 22, 2022 1:50:46 PM

Is your Income Statement in need of a face lift?  If you are not able to over-haul your Chart of Accounts, you can update your Income Statement Layout directly in NetSuite.  I will walk you through some steps that will consolidate the GL accounts on your Income Statement.  From this walk through, you should have enough information for you to customize your own report.

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Tags: NetSuite, NetSuite How To's, NetSuite Tips, Financial, Income Statement, Financial Report, Layout, Customization

NetSuite vs. Dynamics: Key Differences

Posted by Jesse Guzman, Consultant on Nov 22, 2022 10:22:00 AM
There are many articles highlighting the pros and cons of NetSuite ERP vs Microsoft 365. This blog will focus on some of the key differences.
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Tags: Project Management, People Management, NetSuite How To's

NetSuite vs SAP: Key Differences

Posted by Jesse Guzman, Consultant on Nov 21, 2022 10:21:00 AM

There are many articles highlighting the pros and cons of NetSuite ERP vs SAP Business by Design. This blog will focus on some of the key differences. Note, SAP has recently made their Business One module available for cloud deployment as well. Business One is available in cloud only, on-premises or a hybrid approach. In this article we will focus on ByD for a more direct comparison of cloud only platforms.

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Tags: Project Management, People Management, NetSuite How To's

Netsuite Connector Saved Search Export

Posted by Kevin Suh, NetSuite Administrator on Nov 17, 2022 11:38:27 AM

If you have a Netsuite Connector and need to export Saved Search results, the saved search export records in NetSuite can be configured to any File Transfer Protocol (FTP). NetSuite Connector uploads the saved search results to the configured FTP. You might be first interested in the Netsuite Connector. What is Netsuite Connector? NetSuite Connector (formerly called asFarApp) allows you to set up data mapping between NetSuite and your ecommerce storefronts, point-of-sale (POS) systems, online marketplaces and third-party logistics providers. By automating the transfer of data, you keep your vital information centralized and eliminate manual data entry, costly errors and delays, data exports and processes managed with spreadsheets and email. 

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Tags: NetSuite, NetSuite How To's, NetSuite Tips, Connectors, Saved Search, FTP, SFTP

Implementing Netsuite WMS: Zones

Posted by Jose Moreno, Consultant on Nov 15, 2022 11:27:33 AM

Whether you’re starting a new Netsuite WMS implementation or are still considering your options, you’ll likely have questions on different Netsuite WMS functionality and configuration. This series ofblogs will seek to answer some of those questions by looking at Netsuite WMS functions and corresponding record types from an implementation perspective. We’ll look at what these functions are used for, and how they can impact warehouse operations. In this blog, we’ll explore the zone concept and how it is used by Netsuite WMS.  

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Tags: NetSuite, NetSuite How To's, Warehouse Management System (WMS), NetSuite Tips, WMS, Supply Chain Management, Netsuite WMS, Zone, Zone Picking

Optimizing Your Transaction Line Use

Posted by Jose Moreno, Consultant on Nov 10, 2022 9:49:45 AM

One of the most important Netsuite metric is your monthly transaction line use. Your transaction line use directly impacts yourNetsuite service tier because of how Netsuite’s service tiers scale with use. Simply put, the more transaction lines you use, the higher your service tier will be. For this reason, it’s critical to have a clear understanding of the distribution of transaction lines across the types of transactions you create. Understanding this data can help youidentify opportunities to reducetransaction use and can have a tangible impact on financial costs relating to your Netsuite service tier. In this blog we’ll look at what tools are available for monitoring transaction line usage and provide a use case for reducing usage if you have standard costing enabled.  

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Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Netsuite Tier, Standard Cost, Inventory Costing, Inventory Cost Revaluation, Transaction Usage, Transaction Lines

Implementing Netsuite WMS: Bins

Posted by Jose Moreno, Consultant on Nov 8, 2022 8:39:14 AM

We continue our Netsuite WMS series by discussing the bin concept and how bins are used to drive warehouse activities from an implementation perspective. Whether you are in the process of a WMS implementation, or are considering your options, it is important to put consideration behind your bin design. If you haven’t already, make sure to check out our blog on WMS zones and how they interact with bins. Understanding both concepts is critical to successfully implementing zones and bins as you go live with your chosen WMS. 

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Tags: NetSuite, Reporting, NetSuite How To's, Warehouse Management System (WMS), NetSuite Tips, WMS, Supply Chain Management, Netsuite WMS, Pick, Zone, BIN

Fixed Asset Management Tips and Tricks

Posted by Sara Duong, Consultant on Nov 3, 2022 12:40:27 PM

Once assets are loaded in NetSuite’s Fixed Asset Management module (“FAM”), besides initiating monthly depreciation, there are some ongoing troubleshooting or maintenance.  This blog will share some common tips and tricks.  

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Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, FAM, Fixed Asset, Troubleshoot, Asset Transfer, Locked Period, Fixed Asset Management

Multiple Languages in Netsuite

Posted by Kevin Suh, NetSuite Administrator on Nov 1, 2022 1:01:27 PM

Do you want to view Netsuite in different languages? With the Multi-Language feature, you can choose the language in which NetSuite displays whenever you log in to your account. 

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Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Language, Language Preference, Netsuite Language

CASE STATEMENT use case – Intercompany Reconciliation

Posted by Justin Myung, Consultant on Oct 27, 2022 10:40:39 AM

Have you ever wanted or needed a quick comparative view of your Intercompany transactions between your subsidiaries?  One way to achieve this is through the use of CASE Statements in Saved Searches.  What is a CASE Statement?  A CASE Statement is similar to that of an if-then-else statement.  You may have encountered this in spreadsheetsIn NetSuite, it’s an available function that allows you to program conditions to return values when those conditions are met.  So, when a condition is true, NetSuite will provide the results based on those conditions.  You can have multiple conditions in one CASE Statement.

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Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Saved Search, Reconciliation, CASE, Formula, If-Then

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