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.
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.
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.
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.
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.
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.
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.
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 spreadsheets. In 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.
The Inventory Count feature supports improved tracking of inventory and tighter control over assets. When this feature is enabled, you can enter regular periodic counts of on-hand item quantities to maintain inventory accuracy. Keeping an accurate item count can help reduce required safety stock, which lowers your overhead costs.
NetSuite’s Fixed Asset Management Module (“FAM”) is a great tool to manage the full life of an asset. It gets a little tricky when you load in assets at mid-life. Several things can throw off your balances and values. Let’s say it’s been a few months since you’ve implemented the FAM module and you’ve run a few deprecation transactions with the module. You notice that the cumulative deprecation from your asset records do not match the cumulative depreciation on your Balance Sheet. Below are a few tips on how to troubleshoot and fix the issue.