Required Features for Specific Fields in Setting up Budgets

Setting up budgetary projections for income and expense has been made easy in NetSuite through the Set up Budget page. If you are a new user, you might not be aware that there are certain features that must be enabled first in order to fully utilize all the fields in the page. In this article,… Continue reading Required Features for Specific Fields in Setting up Budgets

Insightful Overview of FAM Enhancements in Netsuite Release 2023.2

Asset Split for Fully Depreciated Assets The Asset Split workflow now accommodates fully depreciated assets. Note: Asset split transactions do not support disposed and inactive fixed assets. Bulk Asset Split – Validation Guidelines: Asset and Quantity are mandatory fields. Asset column requires the Asset internal ID. If optional columns are left blank, they will be… Continue reading Insightful Overview of FAM Enhancements in Netsuite Release 2023.2

Brief Overview of Revenue Recognition Improvements in the NetSuite 2023 Release 2023.2

Isolate revenue recognition from the invoicing process. Distinguish revenue recognition forecasts from actual revenue plans. Utilize event triggers, such as project percentage completion, fulfillment, or billing, to initiate the generation of planned revenue recognition. Efficiently generate period-end revenue recognition entries in bulk. Automatically reclassify deferred revenue for recognized revenue that remains unbilled.

Transaction Line Distribution SuiteApp

The Transaction Line Distribution SuiteApp provides organizations the ability to distribute expenses across different subsidiaries, classifications, custom segments, departments, locations, and accounts. Features of Transaction Line Distribution The Transaction Line Distribution SuiteApp enables you to perform the following tasks: Simplify the distribution of shared direct costs to benefiting subsidiaries or segments Improve efficiency and accuracy… Continue reading Transaction Line Distribution SuiteApp

Modifying the Appearance of a Dashboard Tile

Only users with an Administrator role or users with edit access can modify the appearance of a dashboard tile. To modify the dashboard tile appearance: Place the cursor over the tile that you want to edit and click the Edit icon.The Edit icon is only available to users with an Administrator role. If you are not an administrator but… Continue reading Modifying the Appearance of a Dashboard Tile