Tag: #finance

In NetSuite, the Accounting Preference “Void Transactions Using Reversing” allows the Void button to reverse journal entries in the following records: Check Bill Payment Payroll Liability Payment Customer Refund Tax Payment Tax Liability Check When this feature is enabled, the Void button will be removed from these records: Sales Order Estimate Cash Sale Invoice Return… Continue reading Accounting Preference: Void Transactions Using Reversing

Hedging is a risk management strategy used by businesses and investors to protect themselves from potential losses caused by fluctuations in markets such as currency, commodities, interest rates, or stocks. Instead of aiming for higher profits, hedging focuses on minimizing uncertainty and safeguarding existing positions. For example, an Indian exporter who earns in U.S. dollars… Continue reading Hedging

For financial institutions, AI lets organizations accelerate and automate historically manual and time-consuming tasks like market research. AI can quickly analyze large volumes of data to identify trends and help forecast future performance, letting investors chart investment growth and evaluate potential risk. Evaluation can also apply to insurance, where personal data can be harvested and… Continue reading Benefits of AI in Finance

AI in finance modernizes the entire industry by streamlining traditionally manual banking processes and unlocking deeper insights from generated data, helping dictate how and where investments are made. AI is also changing the customer experience by creating faster, contactless interactions, including real-time credit approvals and improved fraud protection and cybersecurity. As AI evolves, so will… Continue reading AI In Finance

Issue: The warehouse team reports that they cannot see sales orders that have been picked but not packed. Investigation: Checked role permissions and found that the warehouse role had view access but not edit access to picked orders. Verified that the transaction status filter in their saved search was excluding “Picked” orders. Identified that the… Continue reading Sales Orders Not Visible to the Warehouse