Category: Financials

All NetSuite finance related implementation/configuration/customization processes are posted in this category.

Customer statement

We can send statements to remind customers to pay their invoices. Customer statement can be generated for multiple customers and as individual statements. By NetSuite standard, it will be in PDF or HTML formats. To print the customer statements for multiple customers: Go to Transactions > Customers > Generate Statements(admin) and select all the customers… Continue reading Customer statement

Release Preview Account – Test drive before you go live

“Test drive before you go live” is NetSuite’s standard pre-release mantra and good advice which you should take seriously. NetSuite is a cloud-based ERP platform. As such, upgrades do not require any installation on your end. However, you should be informed of what’s coming your way by carefully reviewing the release notes. You should also… Continue reading Release Preview Account – Test drive before you go live

Suite promotion for adding free gift item to sales order only for first time order customers

1.Create a saved search to target the customers to whom we are providing Free gift item. 2.Create a dynamic customer group using the above said saved search 3.Add a base price in the free gift item record or custom price in line level of Sales order. 4.Create promotion by adding the free gift item and… Continue reading Suite promotion for adding free gift item to sales order only for first time order customers

How to Expand / Unexpand NetSuite Tabs when No Icon is Present

In many cases,  NetSuite will present an indicator (“unrolled view”) on the upper right-hand corner that allows us to click to expand or contract the subtabs. But there are times that icon is missing.  Modify the URL of the page we are on by adding the following parameter to get the desired presentation: Tab Contract: &unlayered=F… Continue reading How to Expand / Unexpand NetSuite Tabs when No Icon is Present

Reports to show back order Item

We can track backorders for items not in stock. Integrated item receipts and fulfilments enable you to handle backorders. We can commit backordered items from items that we receive on purchase orders. After we commit items on backorder, we can process them for fulfilment. To track items that are backordered, you can go to the… Continue reading Reports to show back order Item

SUPPLEMENTARY TAX CALCULATION BUNDLE

The Supplementary Tax Calculation enables accounting and finance users to easily manage purchases where the input tax is partially reclaimable.  It is mainly used in Vendor bills, Expense Reports, Checks, and Vendor Bill credits. There is a work flow for Supplementary Tax calculation. Setting up Tax control Account and tax codes for Non deductible Tax… Continue reading SUPPLEMENTARY TAX CALCULATION BUNDLE