If you find yourself reconciling monthly bank statements but the Reconciliation reports keep showing a difference, then it means you have not successfully reconciled one or more previous months.
Tags: NetSuite, NetSuite How To's, Bank Reconciliation, Bank Account, Bank Reconciliation Errors
In a previous blog we explored Netsuite Purchase Request vs. Purchase Requisition. In this blog we’ll explore the complexity of chart of accounts redesign. We provide some tips and learnings from a previous chart of accounts redesign project.
Tags: NetSuite, Accounting, Segmentation, Financial, COA, General Ledger, Chart of Accounts, GL
In a previous blog we explored how to create a Purchase Request using the Employee Center role. In this blog we’ll explore the differences between a Purchase Request and a Purchase Requisition.
Tags: NetSuite, ERP, NetSuite How To's, NetSuite Tips, Purchase Order, Purchase Request, Administrator, Purchase Requisitions
Ecommerce is a huge part of being successful in the retail industry, so unlike other companies, you need to find the right balance between a stellar ecommerce and a seamless back office system.
Tags: NetSuite, Inventory Management, eCommerce, Retail
Retailers large and small around the world choose NetSuite as their Retail Management Solution because it has everything you need to run a successful retail business in the cloud.
But with so many different retail solutions on the market, what puts NetSuite above other comparable solutions?
Retailers need to be agile so that they can adapt to rapidly changing markets and scale at the right time. COVID-19 has taken its toll on the retail industry, making it harder for the startups to survive.
If your back end systems and your ecommerce solution are siloed, and you’ve determined that your current business management system is holding you back then it’s time to make a change. What better time than now, when bulk of your business still comes from your ecommerce platform?
You’ve invested in a fantastic ecommerce solution to be the online face of your company. You make it to look nice and provide your customers with the online shopping experience that they are looking for during the digital age. It also gives you the unique ability to reach your customers when your products are top of mind - when they are looking to make a purchase. And during the COVID-19 pandemic, or any similar crisis in the future, it’s the ONLY way for you to reach your customers.
Tags: NetSuite, Accounting, eCommerce, Warehouse Management System (WMS)
Data is not the most exciting topic to write about. Those of you in charge of data may have nightmares of bad data, duplicate data and missing data inputs. You may be working with data that live in different databases (systems). You may have a complicated yet effective excel spreadsheet that puts it all together for the company to use as business intelligence, but if you go on vacation, you may not be sure if anyone else can run the reports.
Tags: NetSuite, NetSuite Tips
As you may have caught on by our previous blog posts, we really love NetSuite saved searches at Concentrus. Saved searches have many uses and are one of the easiest tools to learn and use in NetSuite. It doesn’t matter if you are an everyday user or log in occasionally to get the information you need, saved searches give you the tools to get the data you need, how you need it and when you need it.
Tags: NetSuite, NetSuite How To's, NetSuite Tips
