Being able to prepare budgets for different financial scenarios gives you greater control and insight into your business. A key way that NetSuite helps you do this is through the Multiple Budgets feature. You can enable this feature under the Advanced Features section...
Does your business need to do expense allocation? The NetSuite Expense Allocation feature allows businesses to effectively manage their expenses. Let’s take a look at how you can set up and use the Expense Allocation feature in NetSuite. NetSuite Expense...
The GL Audit Numbering feature in NetSuite allows NetSuite users to ensure their financial compliance and control. Here’s a step-by-step guide on how to set up and use this feature, including a detailed look at the process of creating custom GL audit numbering...
If you’ve been in the business world for any length of time, you understand how critical accounting periods are to a company’s finances. With NetSuite’s Accounting Periods feature, you have access to everything you need to set up and use accounting...
In our previous blog, we explored NetSuite’s Accounts Receivable process. Now, it’s time to jump into Accounts Payable in NetSuite. What are the key features of Accounts Payable (A/P) in NetSuite? We’ll walk through the main transactions and records...
