Accounting/Financials
Having access to key financials and reports is critical to your success. With NetSuite's financial management services,
you get comprehensive tools that allow you to control all your financial data and processes. And since the financial management
services in NetSuite financials are integrated with your sales, support, shipping and receiving functions, you get real-time financial
data directly from those departments, enabling faster, smarter business decisions.

General Ledger, Accounts Receivable and Accounts Payable
Gain full financial visibility into your payables and receivables with real-time access to outstanding invoices and bills. And once customers receive
your goods or services, you can quickly generate invoices from sales orders with just one click, reducing paperwork and improving efficiency.

Amortization Schedules
Amortization Schedules allow you to set up a schedule to amortize expenses over time. They are very similar to Revenue Recognition Schedules,
but rather than Invoices and Credit Memos, amortization schedules are linked to Bills, Bill Credits and Journal Entries. With Amortization Schedules,
you can streamline many redundant steps in your accounting processes, such as amortizing prepaid expenses. Amortization Schedules may also be linked
to Jobs, so you can amortize your expenses in proportion to the Job's percentage of completion.

NetSuite Advanced Project Accounting
NetSuite Advanced Project Accounting lets you manage your professional services organization more effectively with integrated project/job tracking and reporting.
With NetSuite, you can automate project/job creation when specific services are sold, and automatically track percent complete and time budgeted and spent
on project tasks. Reports for utilization and backlog help you analyze your employees' workload and efficiency. Estimated job profitability reporting compares
your projected loaded labor cost on projects against expected billings.

Advanced Billing
NetSuite's Advanced Billing feature makes contract billing faster, more convenient, and easier to manage. Many businesses invoice customers for a
sale over a range of time, or a contract term. For example, a customer might commit to a one year membership billed monthly, or a three year service
contract with quarterly invoices. Keeping track of billing schedules and managing the invoicing process (knowing when it is time to invoice, how much to invoice...)
can be a major challenge for such companies, and having the financial management services to do so effectively is critical to successfully managing your
revenue stream.

Budget Management Services
Use NetSuite's budgeting capabilities to capture your business objectives for the coming financial year. You can also generate up-to-the-moment comparative
reports with our financial management software to evaluate your spending. New functionality includes multiple budgets and import/export to Microsoft Excel®.

Multi-currency Transactions and Reporting
Companies that have offices in other countries, or those that frequently do business with foreign companies, must record and track transactions in
foreign currencies. The automated currency revaluation feature simplifies the period-end close process by generating adjusting journal entries to reflect
exchange rate fluctuations on any open accounts payable or receivable transactions. Plus, with NetSuite's financial management capabilities you can price
your items in multiple foreign currencies to ensure customers see only current exchange rates and prices.

Allocations
Allocations can be set up as dollar amounts or on a percentage basis, and post the appropriate journal entry for you. With NetSuite's financial management
services you can also schedule an allocation to recur, like a memorized transaction, and get a reminder when it is time to post an allocation journal.

Additional Features
- Cash and Accrual-based Reporting
- Financial Statements
- Customer and Vendor Statements
- Accounting Period Management
- Always-on Audit Trail
- Sales Orders and Estimates
- Job and Project Tracking
- Invoicing
- Bank Reconciliation
- Check Writing
- Online Bill Payment
- Tax Liability by Dates
- Revenue Recognition
Process Management News
Apple + NetSuite
- NetSuite' native support for Safari (the iPhone and Macintosh browser) allows Apple users to access ERP, CRM and Ecommerce functionality anywhere. NetSuite is the first on-demand, integrated business management application designed for the Apple platform.


