NetSuite is a very powerful and adaptable ERP platform. There are some fundamental processes that NetSuite is built around, such as Order to Cash and Procure to Pay. These fundamental processes make sure the transactions are validated, related, and traceable. The adaptable part is the countless customizations you can make to the system to help mold and improve the system to your business needs. As a rule of thumb and best practice, it’s best to maximize the native functionality. If there is a need for customization, then here are some guidelines to help you decide if the customization is adding value or not.
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Supply chain and warehouse leaders are constantly looking to best position the company. Even with a modest tech equipment, process improvement, and modern supplier networks, it can pay huge competitive and cost-saving dividends. In the previous blog article, we outlined five top metrics for warehouse productivity metrics and how it can help track the success of your improvements and updates. Logistics managers may use these metrics to determine if there are weaknesses in the network of businesses and organizations working in a sequence of processes to produce and distribute goods. As with inventory, it’s worth periodically taking stock of the logistics links in your supply chain.
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Implementing the NetSuite ERP is a significant investment into a company’s future. Usually the companies set up a team dedicated to the project, they work with implementation partners, and they spend months planning. Yet a lot of times an NetSuite implementation could become more difficult than expected, for various reasons, and if the project is going off track, you want to catch that as early as possible. In this Blog I’m going to share some of the common signs that suggest your implementation might be failing and what to do if that does happen.
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NetSuite How To's,
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Do you toggle between using your mouse and keyboard when entering data in NetSuite? Have you ever wondered if there is a quick way to enter the date in a date field because it takes “too many clicks”? There are many ways to improve your data entry efficiency in NetSuite. In this blog, I’d like to share with you some of my favorite keyboard shortcuts in NetSuite.
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Before NetSuite consulting, I worked in corporate accounting for several years as a CPA. From my NetSuite implementation experience, I have come to find it helpful to share the following information when thinking about and configuring a chart of accounts in NetSuite for the first time – or even if you are re-designing your chart of accounts. I hope you find the information below helpful when thinking about and creating your chart of accounts in NetSuite.
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A memorized transaction is a transaction you set up to recur in NetSuite. Memorizing transactions allows user to record transactions frequently depending on the frequency that the user has defined.
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Did you know that you can include landed costs on your inbound shipments? In this blog, I am going to build upon the prior Inbound Shipments blog, by sharing with you NetSuite’s functionality on how to include landed costs with inbound shipments.
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What is E-Way Bill? And why is E-Way bill required in India? These are common questions when you start moving goods from one place to another anywhere in India. Under India Goods and Services Tax (GST), registered transporters should carry an E-Way Bill when moving goods from one place to another according to certain conditions. E-Way Bill is an Electronic Way Bill for movement of goods to be generated on the E-Way Bill Portal.
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Wholesale Distribution,
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In NetSuite, user can put almost everything in “
name” field, and NetSuite does a pretty good job on helping exported CSV file with correct format.
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The impact of the internet on how retailers do business cannot be overstated, especially in light of the COVID-19 pandemic. Retailers used to be reliant on physical inventory in on-site warehouses to fulfill orders, but a growing number of businesses never even see the products that they are selling as drop-shipping has become a common approach for meeting customer demand in a timely manner. NetSuite offers native support for on-site fulfillment, drop shipments, and special orders, as well as mixing and matching all three approaches simultaneously. In this post, I’ll discuss how drop shipments and special orders are handled in NetSuite and how to best leverage the available configuration options to meet your business needs.
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