Reports for Subsidiaries with Multiple Calendars

With the Multiple Calendars feature enabled, you can have more than one fiscal calendar to roll up accounting periods for reporting purposes. The dates for the report range selected are based on the accounting period rollup in the context of the fiscal calendar assigned to the subsidiary. For consolidated reporting, when you run reports for… Continue reading Reports for Subsidiaries with Multiple Calendars

Add Tax code and The Amount (Tax) field in General ledger Report

The Amount (Tax) field is not available on General ledger report.  However there are two alternate options for this. Create a formula column that calculates GST (tax amount) Customize the General Ledger Report. Under Edit Columns tab, add the following fields: Transactions > Sales Tax Item > Name. Transactions > Sales Tax Item > Tax… Continue reading Add Tax code and The Amount (Tax) field in General ledger Report

Comparative Trial Balance Report

Client requested for a comparative trail balance report similar to comparative balance sheet report Solution: Navigate to Reports > Financial > Trial Balance > Customize Select the Debit /Credit column Click Remove Column Add Fields: Expand Trial Balance  Click Amount Alternate Period Range Type: Select Relative to Report Date Cumulative Value: Enter Checkmark Alternate Period Range: Select the Last Fiscal Year Add Fields: Expand Trial Balance Select another Amount field Alternate Period Range Type: SelectRelative to Report Date Cumulative Value: Enter Checkmark Alternate… Continue reading Comparative Trial Balance Report

Financial Report results show different results when filtered by period and date.

A financial report shows different balances for a chart of accounts when run by two different users. One user has the report filtered by period and the other user by date. So when the same financial report is opened by both users, the results are different. A potential issue will be when a transaction date… Continue reading Financial Report results show different results when filtered by period and date.

Sorting Data on Reports

In NetSuite, all reports are automatically sorted by default, either based on a single column or multiple columns. However, users have the flexibility to modify or remove these default sorting settings and introduce new sorting options to customize their reports according to specific requirements. Important Note Regarding Financial Statements: For financial statements, it is recommended… Continue reading Sorting Data on Reports