NetSuite offers comprehensive revenue management capabilities that ensure adherence to accounting standards while automating the revenue recognition process. A significant challenge for businesses managing kit/package items in NetSuite is the accurate recognition and allocation of revenue. The Auto-Expansion for Revenue Management feature addresses this issue by automatically breaking down kit/package items into their individual components, facilitating precise revenue allocation.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, SuiteScript, Auto-Expansion, Revenue Management, Kit/Package Items
Streamlining NetSuite Customization with the Copy to Account Feature
One useful tool in NetSuite when migrating certain data from one NS instance to another would be the Copy to Account (CTA) feature. This feature simplifies the process of transferring customizations between NetSuite accounts, eliminating the need for manual recreation.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, SuiteScript, Copy to Account, Data Migration, NetSuite to NetSuite
(This article is based on SuiteScript 2.1)
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, SuiteScript, log, save to file, snippet
NetSuite provides built-in lists for countries and their corresponding states or provinces. These lists are commonly used in address fields, custom records, and forms where users need to select a country or state.
This article will help you access these lists programmatically in SuiteScript.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, SuiteScript, State List, Country List
The Work Instructions and Traveler SuiteApp extends NetSuite’s manufacturing capabilities by providing clients with the ability to define manufacturing level work instructions for each operation step , which can then the printed and shared with shop floor personnel. The printed traveler document can be used to outline process notes and detailed step by step instructions, including assigned components, for each operation step. We’ll take a look at the SuiteApp and how to install it in a NetSuite instance. We will first cover prerequisites.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, Manufacturing, Work-In-Process, Traveler, Work Instructions, Routing
When processing a customer return, specifically a credit memo, NetSuite traditionally posts a debit entry to the income account assigned on the item record being returned. You may want to modify this behavior and have NetSuite post this debit to a different account. While this is not possible out of the box, NetSuite has developed the Sales Returning Accounting SuiteApp, which allows you to modify how the system posts these transactions to the general ledger. Let’s take a look at the SuiteApp, which is free, and walk through the setup process.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, Customer Returns, Credit Memo, Return Authorizations, SuiteBundle
UPS has a new regulatory requirement for shipping to Germany. Starting January 1, 2025, shipments weighing 10 kilograms or more will require clear weight labeling to meet compliance laws.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Shipping
Error Name: RCRD_DSNT_EXIST
Error Message: That record does not exist.
When you are using the SuiteScript to do the customization, you may encounter this kind of error in certain situation. This article will discuss the possible cause and how to troubleshoot this error.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, SuiteScript, Create, Edit, Record, Not Exist When Save
In the manufacturing space, understanding the planned costs vs actual costs associated with a work order can be a daunting task. While you may have all the required data in the ERP, collecting the right data and analyzing it in a meaningful way is not always easy. To solve this conundrum, NetSuite rolled out the Cost Variance Analysis SuiteApp which aims to provide visibility into cost variances at the component and operation level. The SuiteApp is fairly easy to install and has nominal requirements.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Manufacturing, SuiteApp, Work Order, Cost Accounting, Data Analysis
In NetSuite, managing reseller permits is an important in handling tax exemptions for customers who purchase items for resale. This functionality ensures that you can easily track and validate tax-exempt transactions, comply with tax regulations, and maintain proper documentation for audits.
Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Sales Tax, Reseller Permit, Tax Exemption
