330 results total
Browse practical NetSuite answers in Finance/accounting team, filtered by topic, audience, and difficulty.
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To track EBITDA as a custom KPI in NetSuite scorecards, create a custom saved search for expenses, specifically excluding tax, amortization, and depreciation. This filtered expense search becomes…
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NetSuite can be configured to meet IFRS requirements, supported by its SSAE18 certification and ISAE 3402 alignment. This involves proper accounting settings, accurate transaction recording, and customized financial…
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Using negative lines on sales orders with Advanced Revenue Management can cause reclassification failures for unbilled receivables, leading to deferred revenue discrepancies. To resolve this, update the 'Unbilled…
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When line items are added directly to a NetSuite Invoice or Bill without being linked to an existing Sales Order or Purchase Order, they automatically impact inventory. This…
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In NetSuite, a drop ship order does not generate a Cost of Goods Sold (COGS) impact, even when an inventory item is used. The primary posting impacts are…
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NetSuite will automatically update revenue plans and recognition journal entries when the quantity on an item fulfillment is changed, even if revenue has already been posted. This ensures…
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In NetSuite, the status of a Purchase Order (PO) automatically updates to 'Closed' once all of its individual line items have been closed. This ensures that the PO…
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Credit card payment authorization on a NetSuite sales order may occur even if the order is pending approval, though approval is typically required for full processing. If the…
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Yes, NetSuite is designed to automatically manage and print check numbers on checks. When printing checks, NetSuite generates a PDF that includes the check numbers. It also remembers…
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NetSuite calculates the average consolidated exchange rate on a per-subsidiary basis using the formula SUM(GL Impact x Exchange Rate)/SUM(GL Impact). This calculation considers only postings to accounts with…
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NetSuite determines consolidated exchange rates for new accounting periods by pulling the effective rate as of the period's end date. For future periods, it uses the most recent…
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NetSuite assigns department values to GL impact based on transaction body fields, particularly for tax accounts. If a GL-impacting segment like Department is hidden on the line, NetSuite…
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