You might have encountered the experience where the GL impact for Line level Location of the Vendor Bill is different from the Mainline Location. You might have set the location field differently on thecustom Vendor Bill form. The expected behavior might be different from the user’s understanding.
Main Line Location and Line Level Location of the Vendor Bill
Tags: NetSuite, ERP, Reporting, NetSuite How To's, Bills, Vendor Bill
Cloud vs On-Premise ERP: Deploying the Right Model for Your Business
Want to improve your business with an ERP, but not sure which deployment model is best? One of the most important things to think about when choosing a new enterprise resource planning (ERP) system is whether you want on-premise ERP or cloud deployment.
Tags: NetSuite, ERP, Reporting, NetSuite How To's, cloud-based ERP, Business Benefits, On-Premise ERP
The Cloud is especially useful for medium-sized businesses because it gives them access to ERP at a reasonable price and doesn't require them to buy a lot of hardware and software up front. Find out why moving to a cloud ERP is a good idea.
Tags: NetSuite, ERP, Reporting, NetSuite How To's, cloud-based ERP, Business Benefits
Add/ Remove Multiple Line Items on a Transaction via CSV Import
Having trouble with the error: “Ambiguity error on logical key multi-match”? This article helps you to add multiple line items with the same item on a transaction via CSV Import or you would like to add new line items to existing transactions using CSV file uploads.
Tags: NetSuite, ERP, Reporting, NetSuite How To's, Transactions, Transaction Lines, Multi-Match, Sales Order, CSV Import
In this article, we speak with Vincent Huang, owner and CEO of VHA, a wireless cell phone distribution company that has been in business for over 20 years. Here, he discusses all the technical, financial, and strategic considerations he had to make before switching from a client-server / on-premise ERP to one based in the cloud.
Tags: NetSuite, ERP, Reporting, NetSuite How To's, Accounting, NetSuite Tips, cloud-based ERP
Creating Statistical Accounts and Unit Types
NetSuite offers Statistical Accounts as part of their Advanced Financial module and these accounts enable you to track non-monetary data that you can use in reports and income statements. Users who utilize this function are often being asked to provide cost and revenue allocation, financial reporting using ratios and managing period close activities. Users can manually make statistical journal entries or autogenerate them through a saved search run by a statistical schedule. Users can also run record an absolute value when they manually create statistical journals, enabling them to capture periodic reporting such as office space by department or headcount by department.
Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Statistical Account, Dynamic Allocations, Unit Types
What better way to automate paperwork than to send and receive documents electronically. NetSuite already has the ability to electronically send PDF versions of Sales Order or Purchase Orders or Custom Forms. DocuSign brings another level of automation. Now, with DocuSign, you can efficiently send, track, sign, and save documents for approval, eliminating the back and forth emails or scanning in manual signatures. You can see a quick demo of the SuiteApp in one of our Short N Suite Videos - https://www.youtube.com/watch?v=rPff5VLTgY0.
Tags: NetSuite, NetSuite How To's, NetSuite Tips, Docusign, esignature, Electronic Signature
A large part of warehouse management is cycle counting inventory and consolidating inventory to a single area or bin. If you are using Advanced Bin / Numbered Inventory Management feature in NetSuite one function, you’ll have access to is Bin Transfers. This process allows you to move inventory from one bin to another without creating financial impacts.
Tags: NetSuite, NetSuite How To's, NetSuite Tips, Bin Transfer
Create an EBITDA Income Statement Layout
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).
Tags: NetSuite, NetSuite How To's, NetSuite Tips, Income Statement, Financial Report, Layout, Customization, EBITDA
Charge Rules: Deeper Dive Into Time-Based Charges
In a previous blog (https://blog.concentrus.com/charge-rule-overview) we walked through a high overview of NetSuite’s Project Charge Rules. In this article, we will dive a little deeper into more complex Time-Based rules.
Tags: NetSuite, NetSuite How To's, NetSuite Tips, Billable Time, T&M, Time and Material, Project, Charges, Invoicing