Netsuite FAM suiteapp provide automated management of fixed assets acquisition, depreciation, revaluation, deletion etc.
Category: Financials
All NetSuite finance related implementation/configuration/customization processes are posted in this category.
Planning Multi-book
Multi book accounting provides the ability to maintain multiple sets of accounting records based on a single set of real time financial transaction
Daily Currency Exchange Rates – Manual Update
Daily Currency Exchange Rates
Expansion level of financial reports
We can give the expansion level of financial reports on More Options section.1. Customize the one financial reports 2. Take More Options page in the Financial Report Builder page 3. Define an Expand Level for the custom report: Collapse All: Displays only the top levels of data. Level 1: Displays the top level plus an additional one… Continue reading Expansion level of financial reports
NetSuite reports in a spreadsheet(Web Query)
NetSuite’s web query reports allow you to get report results directly from your desktop without having to go to NetSuite. This is a great feature if you need to look at refreshed NetSuite data in Excel regularly or want to make the data available to users that do not have a NetSuite license. This feature is only… Continue reading NetSuite reports in a spreadsheet(Web Query)
GL Plugin
The GL plugin script is used to credit or debit some amounts to the specific accounts respective to the transactions which shows impact to the GL.
Margin Report
This article shows how to create a margin report for items.
Transfer inventory items from one location to another location
This article summarizes the process of transfer of all items in a bin which is under one location to another location.
Amortization in Multi-book
This content includes how to do the amortization process in different accounting books.
Formula to categorize Asset and Liability Account From Account Number
TRS-900 Mostly chart of accounts is categorized by account type and account description. If we need to distinguish accounts from account number we can use formula text when searching accounts. If asset accounts number were starting with the character ‘1’ and liability accounts were starting with ‘2’ we can use the following formula to distinguish… Continue reading Formula to categorize Asset and Liability Account From Account Number