NetSuite New Releases – knowledgebase JJ

Cash 360 Enhancement NetSuite Release 2023.2

1. View cash projections for other active subsidiaries, including consolidated subsidiaries: Users now have the capability to access cash projections not only for the primary subsidiary but also for other active subsidiaries, extending to consolidated subsidiaries. This enhancement provides a more comprehensive and consolidated view of cash positions across various business entities within the organization.… Continue reading Cash 360 Enhancement NetSuite Release 2023.2

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.

Guided Learning did not appear and we tried to look into the Set Preference, there is no option to enable the Oracle Guided Learning.

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

Advanced SaaS Metrics Now Available

Change to Date of Imported Bank Transactions Using Bank Feeds

Support for Volume or Tiered Rebates

Country Name Updates in NetSuite 2023.2

NetSuite 2023.2 brings improvements to internationalization features, including updates to country names. These changes are aligned with the latest ISO standards. The revised ISO short names have been applied to existing records, transactions, tax reports, and subsidiaries in your account. However, please note that text fields in your account, such as address fields, will still… Continue reading Country Name Updates in NetSuite 2023.2