NetSuite’s Multi-Book Accounting: Beyond the Basics

NetSuite’s Multi-Book Accounting feature is an advanced tool designed for companies operating across multiple jurisdictions with varying accounting standards. While Multi-Book Accounting is well-known among financial professionals, its full potential is often overlooked. This feature allows companies to maintain multiple sets of books simultaneously within a single instance of NetSuite. For example, a company can… Continue reading NetSuite’s Multi-Book Accounting: Beyond the Basics

Leveraging NetSuite’s Advanced Revenue Management (ARM)

NetSuite’s Advanced Revenue Management (ARM) module is a crucial tool for businesses with complex revenue recognition needs, yet it remains underappreciated by many users. ARM automates the revenue recognition process, ensuring compliance with the latest accounting standards, including ASC 606 and IFRS 15. ARM allows businesses to manage revenue streams that involve multiple performance obligations.… Continue reading Leveraging NetSuite’s Advanced Revenue Management (ARM)

Harnessing NetSuite’s RESTlet API for Custom Integrations

NetSuite’s RESTlet API is a powerful tool for developers looking to create custom integrations between NetSuite and other systems. While SuiteTalk, NetSuite’s SOAP-based web service, is well-known, RESTlet provides a more modern and flexible alternative, particularly for developers familiar with RESTful architecture. RESTlet APIs allow for the creation of custom web services using SuiteScript, enabling… Continue reading Harnessing NetSuite’s RESTlet API for Custom Integrations