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Managing Requisitions, Purchase Contracts, and Blanket Purchase Orders in NetSuite

Posted by Stephanie Kim on Mar 12, 2024 11:00:00 AM

Ever wished for a smoother, more efficient way to manage your organization's procurement processes? Effective procurement management is the key for organizations to optimize costs, streamline processes, and maintain supplier relationships. NetSuite offers three record types: requisitions, purchase contracts, and blanket purchase orders. Your business can take advantage of these records to achieve greater efficiency and control over their procurement processes.

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Tags: NetSuite, ERP, Project Management, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Acumatica ERP, Netsuite ERP, Netsuite Updates, Changing Schedules, NetSuite Features, NetSuite Support, Amortization

Amortization Schedule

Posted by Kevin Suh, NetSuite Administrator on Mar 7, 2024 11:00:00 AM

Ready to dive deeper into Amortization schedules? If you remember Amortization Feature from our previous blog, you might be curious about schedules. Here's the scoop: Once you set up the Amortization feature, schedules are automatically created whenever you buy something with linked amortization settings.

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Tags: NetSuite, ERP, Project Management, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Acumatica ERP, Netsuite ERP, Netsuite Updates, Changing Schedules, NetSuite Features, NetSuite Support, Amortization

Amortization Feature

Posted by Kevin Suh, NetSuite Administrator on Mar 5, 2024 11:00:00 AM

Have you ever wondered how to track the cost of an item or expense over time? The Amortization feature in our system lets you do just that! It spreads the cost out over several future periods, giving you a clearer picture of your finances in the general ledger.

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Tags: NetSuite, ERP, Project Management, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Acumatica ERP, Netsuite ERP, Netsuite Updates, NetSuite Features, NetSuite Support, Amortization

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