As a Fixed Asset Accountant, you’ll often work with NetSuite to record assets. One really important part of this process is setting up depreciation rules. These rules determine how assets lose their value over time, which is important for financial reporting. Administrators should take the lead in setting up the depreciation rules, as this is an… Continue reading Depreciation Rules for Fixed Assets in NetSuite
Author: Hormese Paul
Understanding the Governance Changes for Concurrent Web Service Users
If your NetSuite integrations depend on concurrent SOAP web service requests, it’s important to understand recent governance changes that impact how these requests are managed. These updates specifically affect the Concurrent Web Service User setting on user records, particularly for accounts utilizing SuiteCloud Plus licenses. Key Governance Updates Before NetSuite 2017.2, accounts with SuiteCloud Plus licenses were guaranteed 10 concurrent SOAP requests per… Continue reading Understanding the Governance Changes for Concurrent Web Service Users
When a Specific Bank Account is Selected, User is Unable to Select Other Currency From the Dropdown
Standard behavior on the Currency field in Write Checks page. In NetSuite, a Bank Account is associated and maintained in only one currency. In writing checks, if the currency of subsidiary is different from the currency of the bank account, the Currency available is the bank account’s currency. On the other hand, if the currency… Continue reading When a Specific Bank Account is Selected, User is Unable to Select Other Currency From the Dropdown
Upcoming Changes to Digital Certificate Configuration
This notice applies to customers who have the LATAM E-Document Certification SuiteApp installed in your account. What is Changing? On January 8, 2025, Oracle NetSuite will update the configuration process for digital certificates used to sign e-documents with the LATAM E-Document Certification SuiteApp. The new Digital Certificate field will enable you to select the certificate you want… Continue reading Upcoming Changes to Digital Certificate Configuration
Southeast Asia Localization SuiteApp Enhancements for Ease of Paying Taxes Invoicing Compliance
This notice is intended for customers with the Southeast Asia Localization SuiteApp (Bundle ID 298382) installed in your NetSuite account. The Southeast Asia Localization SuiteApp version 7.00.0 is targeted for release on December 03, 2024. What is Changing? To comply with Republic Act No. 11976, or the Ease of Paying Taxes (EOPT) Act, Southeast Asia… Continue reading Southeast Asia Localization SuiteApp Enhancements for Ease of Paying Taxes Invoicing Compliance
Additional Changes to Hidden Files
This notice is intended for customers who use a SuiteScript file(s) that calls the .toString() method or includes Error instances that use the stack property and the file(s) is marked as hidden. What is Changing? The stack property of Error instances and the .toString() method on functions will be functionally discontinued in hidden files. The… Continue reading Additional Changes to Hidden Files
NetSuite Text Enhance Expansion to United Arab Emirates
What is Changing? NetSuite plans to automatically enable the Text Enhance generative artificial intelligence (AI) capability for accounts based in the United Arab Emirates that are hosted in Frankfurt or Amsterdam as of February 7, 2025. Recommended Actions No action is needed if you want the Text Enhance generative AI capability available for your NetSuite… Continue reading NetSuite Text Enhance Expansion to United Arab Emirates
Auto-Create Rule Behavior Change
This notice is to inform you of an upcoming change in the behavior of auto-create rules. As a user of auto-create rules, this change will affect your workflow. This change will be implemented in NetSuite version 2025.1. What is Changing? The Make Auto-Create Rule From Selected Transactions box on the Match Bank Data page will no longer… Continue reading Auto-Create Rule Behavior Change
NetSuite Admin Tip | Exploring Transactions, Items, and Inventory Assignments
Exploring Transactions, Items, and Inventory Assignments offers businesses a detailed perspective on how inventory is managed across various processes. This approach enables businesses to track transactions effectively, analyze item movements, and review inventory assignments across storage locations. By understanding these elements, businesses can optimize inventory operations, improve accuracy, and ensure seamless flow throughout their supply… Continue reading NetSuite Admin Tip | Exploring Transactions, Items, and Inventory Assignments
Software Vertical Contract Renewals SuiteApp Overwrites Standard Functionalities
The Software Vertical Contract Renewals SuiteApp provides businesses with an unparalleled solution to streamline the management of contract renewals across their customer base. After installing the SuiteApp, the Administrator noticed that the Contracts Renewal SuiteApp is causing form customization issues by replacing standard fields. The admin wants to know how to configure the module to work seamlessly… Continue reading Software Vertical Contract Renewals SuiteApp Overwrites Standard Functionalities