Report creation: On-hand inventory per month

On-hand inventory values of items per month basis can be reviewed by customizing the Inventory valuation standard report. Open the Inventory valuation report by Report> Inventory/ Items> Inventory valuation Click Edit Columns Tab. Add the column Quantity On Hand: Quantity On Hand and set an Alternate Date range. To add another column for another month, repeat step 3. Uncheck the Add… Continue reading Report creation: On-hand inventory per month

Restricting custom records on role basis

Custom records can be restricted on a role-level basis. so that the user logged in the respective role won’t get access to that custom record. For restricting a custom record Go to Setup> User / Role> Manage Roles Edit the respective role to be restricted under forms subtab> Custom record uncheck the corresponding to each… Continue reading Restricting custom records on role basis

Payment method creation

A payment method represents an account that transactions write into. With a payment method, you can: configure an account determine how payment processing is performed For creating a new payment method Go to Setup> Accounting> Accounting List> Payment Method> New If this payment method needs to display in the website check the box corresponding to… Continue reading Payment method creation

Global Inventory Relationship Record

Create Global Inventory Relationship (GIR) records in order to fulfil or receive inventory using the Intercompany Cross-Subsidiary Fulfillment function. These specify the locations from which inventory can be procured to fill orders and the locations from which orders can be received. It should be noted that a subsidiary can still ship to its own clients… Continue reading Global Inventory Relationship Record

Intercompany Cross-Subsidiary Fulfillment

NetSuite OneWorld account’s Intercompany Cross-Subsidiary Fulfillment capability to process orders and accept returns across several subsidiaries. This implies that orders may be filled from locations outside of the sales subsidiary that originated them. Instead, you can complete a single sales order from points of sale throughout numerous subsidiaries. Additionally, you can take the following actions… Continue reading Intercompany Cross-Subsidiary Fulfillment

Intercompany Authorised return process

An intercompany inventory transfer’s return procedure turns back the original transfer operation. It starts when the original destination subsidiary, the subsidiary that made the purchase, creates a vendor return permission for the first purchase order. An intercompany inventory transfer cannot be started with a credit memo by the subsidiary that sold the item, or the… Continue reading Intercompany Authorised return process

Subsidiary wise tax period close

A subsidiary’s previous tax periods are closed when a tax period is closed for that subsidiary. Clear the Close box for the subsidiary to reopen the closed tax period. The subsequent tax periods that have been established for a subsidiary are opened when the current tax period is opened. The Manage Tax Periods page shows… Continue reading Subsidiary wise tax period close

Tax Period creation

The ideal approach when setting up tax periods is to use months for posting tax, even if you only plan to run quarterly or annual reports. Select the Set Up Full Year option on the Manage Tax Periods page, then select the Calendar Months format. Using the New Year Only, New Quarter Only, and Base… Continue reading Tax Period creation

Bulk Approval of Sales Orders

We can approve the sales orders combined instead of approving by going to each sales order record. For approving the sales orders as bulk Go to Transactions> Sales> Approve Sales Orders Filter the sales orders based on the user’s preferences Check the box corresponding to the sales order that you want to approve and click… Continue reading Bulk Approval of Sales Orders