You might have received a notice last month regarding the news that JP Morgan Chase (JPMC) is moving away from Screen Scraping technology and will no longer support connections to their credential-based sites. Per notification, this change is part of JPMC’s transition to Open Banking technology which aims to improve security and ensure smooth bank feeds connection. If you are using the NetSuite Bank Feeds SuiteApp which may be importing data from the JP Morgan Chase & Co. (JPMC) financial institution, you might have encountered the bank data import errors on or after April 21, 2022.

Tags: NetSuite, Reporting, NetSuite How To's, Accounting, NetSuite Tips, Financial, Bank Reconciliation, Bank Account, data, Excel, Bank Statements

What is Avalara AvaTax? Avalara AvaTax automatically calculates sales and use tax for transactions, invoices, and other activity powered by NetSuite. Avatax is a comprehensive cloud-based tax calculation. What can Avalara do? Avalara and NetSuite will do all the heavy lifting such as:

Tags: NetSuite How To's, NetSuite Tips

You might have seen a couple blog posts about Warehouse Management System (WMS). If you haven’t seen the posts already, please check out the blog posts: 4 Things to Consider Before You Invest in a Warehouse Management System (WMS) & Evolution of NetSuite & Warehouse Management. Also, you might have read my previous blogs about WMS, WAERlinx - Advanced Warehouse Management For NetSuite. I would like to introduce you another WMS, RF-Smart which is being used by many businesses and I want to share their capabilities to track outbound serialization for non-serial item types.

Tags: NetSuite How To's, Warehouse Management System (WMS), NetSuite Tips

Supply chain and warehouse leaders are constantly looking to best position the company. Even with a modest tech equipment, process improvement, and modern supplier networks, it can pay huge competitive and cost-saving dividends. In the previous blog article, we outlined five top metrics for warehouse productivity metrics and how it can help track the success of your improvements and updates. Logistics managers may use these metrics to determine if there are weaknesses in the network of businesses and organizations working in a sequence of processes to produce and distribute goods. As with inventory, it’s worth periodically taking stock of the logistics links in your supply chain.  

Tags: NetSuite How To's, NetSuite Tips

A memorized transaction is a transaction you set up to recur in NetSuite. Memorizing transactions allows user to record transactions frequently depending on the frequency that the user has defined.

Tags: NetSuite How To's, NetSuite Tips

Measuring warehouse productivity is very important. It is a measurement of how well you manage this conflict, together with factors like on-time delivery and warehouse utilization. Here are the top warehouse metrics for measuring success:

Tags: Wholesale Distribution, Warehouse Management System (WMS)

What is E-Way Bill? And why is E-Way bill required in India? These are common questions when you start moving goods from one place to another anywhere in India. Under India Goods and Services Tax (GST), registered transporters should carry an E-Way Bill when moving goods from one place to another according to certain conditions. E-Way Bill is an Electronic Way Bill for movement of goods to be generated on the E-Way Bill Portal.

Tags: Project Management, Wholesale Distribution, NetSuite Tips

 

Avidxchange for NetSuite’s latest cloud technology is a web-based payment fulfillment service designed to provide solutions for accounting departments of all sizes. This gives you a new way to bring processing of payments into the cloud.

Tags: NetSuite Partner, NetSuite How To's

For organizations that has multiple subsidiaries and they need to have different accounting periods and tax periods, please consider enabling multiple calendar in Netsuite OneWorld. This feature is available only in NetSuite OneWorld and is not enabled by default.

Tags: NetSuite Partner, NetSuite How To's

Have you ever encountered the error message: 'Inventory Revaluation is no longer the first transaction in the item's history’?

Tags: Project Management, NetSuite How To's