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Feature Overview: Group Average Costing

Posted by Jose Moreno, Consultant on Feb 15, 2024 11:00:00 AM

As you journey through your NetSuite implementation, one important consideration may be deciding which costing method to use for your items. NetSuite offers a multitude of costing methods which, when properly configured, help you maintain accurate costs and costs of goods sold. One such costing method we will review today is Group Average Costing. Traditionally, Average Costing in NetSuite has been one average cost per location. However, NetSuite also offers Group Average Costing as a way to maintain a single average cost across multiple locations. How do we set this up? Read on to find out.

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Tags: NetSuite, ERP, Project Management, NetSuite Partner, NetSuite How To's, Accounting, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Customize, Inventory Costing, Netsuite ERP, Pricing Groups, Group Pricing, Netsuite Updates, NetSuite Features, NetSuite Support, COGS, Costing

Feature Overview: Lot and Serial Number Trace

Posted by Jose Moreno, Consultant on Feb 13, 2024 11:05:00 AM

For any company producing and selling edible products, being able to trace a lot number’s usage and history is a critical need given regulatory requirements by the government. Tracing where a lot number has been used must be done quickly and efficiently in the event of a recall. Failing to produce this information in a timely fashion can be devastating to a business.

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Tags: NetSuite, ERP, Project Management, NetSuite Partner, NetSuite How To's, NetSuite Tips, Purchase Order, NetSuite Integrations, NetSuite Administrator, Customize, Sales Order, Netsuite ERP, Netsuite Updates, NetSuite Features, NetSuite Support, Food, Engineering, Change Order, Lot Trace, Lot Number, Traceability, Food Industry

Feature Overview: Engineering Change Orders

Posted by Jose Moreno, Consultant on Feb 8, 2024 11:00:00 AM

Throughout a product’s lifecycle, performance or process issues may necessitate changes to a product’s specifications. Often, these changes to specifications can take the form of a process or component change to the product’s bill of materials. In the manufacturing space, tracking these changes is important and over time a product may undergo a series of revisions which need to be tracked for regulatory or internal quality control purposes. 

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Tags: NetSuite, ERP, Project Management, NetSuite Partner, NetSuite How To's, NetSuite Tips, Purchase Order, NetSuite Integrations, NetSuite Administrator, Customize, Sales Order, Netsuite ERP, Netsuite Updates, NetSuite Features, NetSuite Support, Engineering, Change Order

Feature Overview: Customer Part Number

Posted by Jose Moreno, Consultant on Feb 6, 2024 11:00:00 AM

The Supply Chain Management SuiteApp offers a toolbox of useful features which can help you streamline and centralize operational activities within NetSuite. One of the many tools within the Supply Chain Management bundle is the Customer Part Number feature. 

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Tags: NetSuite, ERP, Project Management, Customer Service, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Customize, Saved Search, Netsuite ERP, Customer Records, Netsuite Updates, NetSuite Features, NetSuite Support, Customer Preference

Label Field Saved Search

Posted by Isaias Torres, Consultant on Feb 1, 2024 11:00:00 AM

Saved Searches are a powerful tool within NetSuite, allowing you to create custom reports by combining various records. But what if the native or custom field names don't exactly scream clarity for reporting purposes? That's where the Custom Label field comes in.

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Tags: NetSuite, ERP, Project Management, Reporting, Customer Service, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Customize, Saved Search, Netsuite ERP, New User, Customer Records, Netsuite Updates, NetSuite Features, NetSuite Support, Customer Preference

Customer Preference-Send Transactions

Posted by Isaias Torres, Consultant on Jan 30, 2024 11:00:00 AM

Streamlining customer communication is key to building lasting relationships, and NetSuite's Customer Preference settings empower you to do just that. Let's explore how to preset delivery methods for transactions, ensuring your customers receive information in their preferred format.

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Tags: NetSuite, ERP, Project Management, Reporting, Customer Service, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Customize, Netsuite ERP, New User, Customer Records, Netsuite Updates, NetSuite Features, NetSuite Support, Customer Preference

NetSuite 2024 Updates: Unlock New Possibilities

Posted by Cherry Tan on Jan 24, 2024 11:00:00 AM

Ever dreamt of your marketing team effortlessly putting together personalized emails on the fly, your field service technicians always having the right tools at their fingertips, and your financial reports narrating a success story that's as clear as day? It might seem like a bit of a stretch, but with NetSuite, it's not some distant fantasy – it's your new reality.

As your trusted NetSuite partner, Concentrus wants to be your guide through this exciting journey. Buckle up as we explore five key areas where NetSuite 2024 updates shine:

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Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Netsuite ERP, New User, Netsuite Updates, NetSuite Features

Mastering the Menu with NetSuite: Optimizing F&B Operations

Posted by Cherry Tan on Jan 22, 2024 11:00:00 AM

Navigating the dynamic world of food and beverage manufacturing and distribution takes more than a pinch of ingenuity. From managing complex supply chains to juggling fluctuating harvests and evolving regulations, your success depends on high operational efficiency. In this recipe for optimized operations, your Enterprise Resource Planning (ERP) system is the essential ingredient.

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Tags: NetSuite, ERP, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Netsuite ERP, Netsuite Updates, NetSuite Features, NetSuite Support, Food, Beverages

Unlock Your NetSuite Potential: Navigating the Support Landscape with Concentrus

Posted by Cherry Tan on Jan 19, 2024 11:00:00 AM

In today's dynamic business landscape, maximizing the return on investment from your cloud-based ERP system like NetSuite is crucial. While NetSuite boasts incredible power and versatility, navigating its intricacies can sometimes feel like traversing a digital mountain range. That's where NetSuite Support, a treasure trove of resources and expertise, comes into play.

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Tags: NetSuite, ERP, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Project Time Entry, Netsuite ERP, Support, Netsuite Updates, Lease Payments, NetSuite Features, NetSuite Support

Beyond the Numbers: Demystifying NetSuite ERP Pricing for Your Business

Posted by Cherry Tan on Jan 17, 2024 11:00:00 AM

NetSuite, the industry-leading cloud ERP solution, empowers businesses with a robust and scalable platform to manage their operations seamlessly. But when it comes to pricing, the initial sticker shock can sometimes leave potential customers feeling a bit lost. Fear not, dear reader!

This comprehensive guide is here to shed light on the world of NetSuite ERP pricing, equipping you with the knowledge to make informed decisions for your unique business needs.

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Tags: NetSuite, ERP, Project Management, Reporting, NetSuite How To's, NetSuite Tips, NetSuite Integrations, NetSuite Administrator, Project Time Entry, Project, Netsuite ERP, Project Managing, Netsuite Updates, NetSuite Features

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