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Create an EBITDA Income Statement Layout

Posted by Justin Myung, Consultant on Dec 6, 2022 10:34:06 AM

In a continuing series of customizing your Income Statement Layout, I wanted to show you how you can get a Statement with EBITDA calculated after Net Income.  First, please review my previous blog here (or https://blog.concentrus.com/create-a-new-income-statement-layout).  

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

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

Best Practice for Reclassing General Ledger Account Segmentation

Posted by Sara Duong, Consultant on Sep 1, 2022 12:13:44 PM

What is Segmentation in Netsuite? Segmentation or classification are ways to categorize entity (Vendor, Customer, Item) records and transactions amounts in NetSuite.  For instance, you may want to see your Income Statement separated out by Location; Location will be a classification field on your transactions.  There is native reporting function that will automatically break up your Financial Statements in segmentations.  

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Tags: NetSuite, Reporting, NetSuite How To's, Accounting, NetSuite Tips, Segmentation, Financial, Transactions, Classification, Income Statement, Journal Entry, Trial Balances, Reclass

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