In NetSuite, users have access to a comprehensive set of standard reports specifically designed for Purchasing and Accounts Payable functions. These reports provide valuable insights into procurement processes, vendor transactions, and accounts payable activities, helping users track expenses, analyze vendor performance, and make informed financial decisions. The availability of these standard reports enhances transparency and… Continue reading Standard reports in the area of Purchasing and Accounts Payable
Author: Swathymol O U
Help Desk Feature for Internal Cases in NetSuite
NetSuite’s Help Desk feature offers a solution for managing internal support cases efficiently. This feature is designed to handle cases submitted and resolved by employees within the organization. Here’s how it works: When a case is designated as a Help Desk case by checking the Help Desk checkbox in the case record, it signifies that… Continue reading Help Desk Feature for Internal Cases in NetSuite
Navigating Custom Field Type Changes: Balancing Data Preservation and Transformation
When it comes to making changes to the field type of a custom field, a crucial consideration emerges: the potential loss of stored data. While this might raise concerns, understanding the dynamics of these changes can help mitigate data loss risks. In instances where the new field type remains closely aligned with the old one,… Continue reading Navigating Custom Field Type Changes: Balancing Data Preservation and Transformation
This month Last Year Amount in Transaction
When generating reports, the necessity to contrast data between the current year and the previous year often arises, enabling a comprehensive assessment of performance trends and aiding in strategic decision-making. This comparison offers valuable insights into growth, patterns, and changes over time, contributing to a more informed understanding of the data’s significance. Decode function can… Continue reading This month Last Year Amount in Transaction
Detaching Credit Memo from Return Authorization into Standalone Credit Memo
Credit memos can be initiated either directly as standalone documents or through the conversion of Return Authorization records in NetSuite. To differentiate between these two paths of creation, a “Created From” field will be displayed on credit memos generated from Return Authorization records. Notably, this field will remain hidden for credit memos that are initiated… Continue reading Detaching Credit Memo from Return Authorization into Standalone Credit Memo
Displaying Created Date in Standard Transaction Records in NetSuite
Even though the created date is readily available for custom records, it is not readily available in standard transaction records. This can be solved by creating a saved search and a custom Transaction body field to display the “Date Created” information for standard transaction records in NetSuite. Step 1: Create a Saved Search Navigate to… Continue reading Displaying Created Date in Standard Transaction Records in NetSuite
Customer Project Functionality in NetSuite: An Efficient Approach to Field Sourcing in Transaction Search
NetSuite offers a Customer Project functionality that allows businesses to manage projects associated with specific customers effectively. However, when utilizing this functionality, sourcing fields using transaction search by filtering the customer internal ID can become challenging. This is primarily because, when Customer Project functionality is activated, transactions related to projects are associated with project records… Continue reading Customer Project Functionality in NetSuite: An Efficient Approach to Field Sourcing in Transaction Search
Oracle Planning and Budgeting Cloud Services – Predictive Planning
Predictive Planning is a powerful feature in Planning and Budgeting that allows users to access historic data and make predictions about the future budget. By utilizing Predictive Planning, you can view trends and growth rate predictions to validate and potentially update budget values. This feature enables a more accurate representation of business performance and supports… Continue reading Oracle Planning and Budgeting Cloud Services – Predictive Planning
Importance of OpEx Planning
Operating Expenses (OpEx) is a term used within budgeting and spending that is usually refers to a company’s everyday expenses. These are all purchases that are required for the day-to-day essential functions of the organization and are generally exhausted within the same accounting period. Some common examples of OpEx expenses include but are not limited… Continue reading Importance of OpEx Planning
13-Period Calendar
Some organizations and individuals choose to deviate from the traditional 12-month calendar and adopt a 13-period calendar instead. This alternative calendar divides the year into 13 equal periods, each consisting of four weeks. With exactly 28 days in each period, the 13-period calendar offers several advantages over its 12-month counterpart. One notable benefit of the… Continue reading 13-Period Calendar