For many businesses, recurring transactions and accounting entries can be a huge volume of repetitive and tedious workload. Now you may schedule all future transactions and decide either to generate the entries automatically or to be prompted with reminders.
NetSuite’s billing management capabilities integrate your sales, finance and fulfillment teams—improving accuracy, eliminating billing errors, strengthening revenue recognition processes and driving fulfillment accuracy and efficiency.
NetSuite’s revenue recognition management solution helps companies comply with accounting standards and report financial results in a timely manner.
Shorten cycle times, engage business users and enrich your planning process with an intuitive planning, budgeting and forecasting solution.
After a stock take, the system shall detect the differences between physical quantity and book quantity. What you need to do is to determine whether or not to auto-generate stock adjustment entries according to the discrepancies.
For each stock item, you may now maintain up to 6 levels of selling price and assign to different categories of customers. For each level of selling price, by specifying the percentage of margin and markdown rate, the selling price shall be auto-adjusted with the changes of Cost price.
For better and more flexible filtering as well as analysis reporting, all inventory items can be differentiated with Item Group, Item Type, Item Brand, Item Category and Item Class.
Some of your stock items are not for sale (e.g. for own use) or are used only in specific processes (e.g. raw materials are used only in making finished goods). By specifying the applicability of stock items, you may reduced the loading of non-relevant items during processes of Sales, Purchase, POS, Raw Materials and Finished Goods.
Access Rights Maintenance is further enhanced for better experience. You may now view the comparison of access rights items for any selected user against its user group, and Export access rights items to Excel. It also allows to copy access rights from existing user to new user.
Each product item can be match with unlimited alternative item codes. For example, barcodes, special codes, simplified codes, supplier-used codes… all these different codes will refer to the same product item. This makes data entry and item searching much easier and flexible.
When creating a new document using Transfer method, you can choose to use either ‘Transfer To’ a new document from an existing document, or ‘Transfer From’ an existing document to a new document, whichever works better for you.
Any creation of documents that violating credit limit will send a prompt directly to your screen and requesting your approval to proceed. It is convenient and it is effective.
This is a practically useful minor customization many may need for their own purpose. When creating transaction for sales, purchases and inventory, your own defined additional fields allows you to input desired info/data.
Working from home is part of the new normal. With Internet Login, account books database installed on office server can be accessed anytime while staying at home, via internet connection.
Your may be consignor, or consignee, the most important things you need from the software is a good flow of consignment activity records and reports. It covers from the begeinning of consignment note, to the transfer of consignment return of invoice, and status of inventory reports.
When using keyword search, all partially and fully matched records will be displayed. This advanced powerful search feature is going to make your life easier, not just a bit.
For those who use the feature of Stock Item Inquiry often, will find it even better in version 2.0. The new arraignment showcases greater details of the highlighted stock item in one screen.
For advanced users or those with technical know-how, you may now customize a field (of any document), even in the detail band, by applying formulas to meet your desired outcome. This is particularly useful for complicated calculations.