NetSuite recently rolled out the new 2023.1 release for WMS, SCM Mobile, and MFG Mobile, which may cause errors in your environment if you’ve customized roles, center menu tabs, or changed any of the default preferences. This article detailed instructions on the first steps you should take to resolve errors for the following: Center Tabs Missing from a Role’s Center Menu Bar WMS Mobile, SCM Mobile, or MFG Mobile Crashing Upon Open ‘Submit Work’ Button missing from the MFG Mobile’s screen. New Script Error Message Displaying on the Mobile Center Tabs Missing from your Center Menu Bar: If you ..read more

In NetSuite, Groups are a set of employees, contacts, customers, partners, or vendors. You can create groups of records to communicate with individuals, so you can invite the group to a meeting or create folders in the File Cabinet for specific groups in your organization. Groups can do the following tasks: Using the shared calendar to see when the group is meeting or has other scheduled events. Assign leads, cases, and support or sales territories to groups if the Support Group or Sales Group box is checked on the group record. If you are using the Team Selling feature, you can create sales ..read more

Non-Profit organizations can utilize NetSuite to allocate donations with purpose or time restrictions. Purpose restricted donations can be strategically associated to a cause that the donation supports via NetSuite segmentation, then ultimately granted out via outbound grant disbursement for purpose related efforts. Once granted out, related restricted net assets will be released from restriction. RSM has created a bundled solution allowing users to manage purpose restricted donations, streamline the allocation process, and assist with real-time reporting. This blog will step through the bundl ..read more

  The Entity Bank Details is another Custom Record from the Electronic Bank Payments bundle, but the difficulty in performing a CSV Import for this Custom Record is identifying a unique identifier. This article shows how to display the Internal ID for the Entity Bank Details record and use it for the CSV Import file (Answer ID 27210). Step by Step Solution Step 1: Configure the Entity Bank Custom Record 1) Customization > Lists, Records & Fields > Record Types      ..read more

How to Expose Customer Entity Bank Details in a NetSuite Saved Search A Saved Search in NetSuite is an ad hoc report that is a dynamic list of results and provides more flexibility than reports. Considering recent economic events, you might find this particular saved search to view the Entity Bank Details of your Customers useful (SuiteAnswers ID: 62745). Step 1:   In your NetSuite account, navigate to Lists > Search > Saved Searches > New Step 2:   Select “Bank Details” Step 3:   Enter a Search Title: E.g. “Customer E ..read more

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For many life sciences companies, managing lab purchasing is critical to controlling spend and ensuring you maintain an adequate cash runway. This requires close coordination between the research team that makes purchases and the finance team that manages spending. Leveraging NetSuite for your back-office accounting and Prendio for lab procurement ensures that both teams have the tools they need to do their jobs efficiently. What is Prendio? Prendio is a complete procurement software system, built by BioProcure. It enhances the efficiency by which scientists and accountants alike shop, order ..read more

BOTTLE DEPOSIT FEES FUNCTIONALITY – FOOD & BEVERAGE CLIENTS  OVERVIEW  With the newly created Bottle Deposit Fee bundle, Food and Beverage companies can easily meet new state regulations to capture fees on qualifying items. This bundle can be easily incorporated into your current NetSuite instance without a great deal of manual work and minimal time from the client side when it comes to adding in new states for requirements.   USE CASE & VALUE ADDED  As bottle deposit fees have now become a regulation for specific states, many Food and Beverage companies will need t ..read more

For calendar year companies, there is less than six months left to implement the new ASC 842 lease accounting standard. Is your company ready? Join our CPE-eligible webcast to learn how to navigate ASC-842 by automating your complete lease life cycle directly in NetSuite instance using NetLease. Netgain’s NetLease management tool was designed by experienced accounting and NetSuite professionals to enable businesses to easily input lease data and obtain automated lease accounting, push-button disclosure reports and, most importantly, built-in compliance with ASC 842. NetLease, a “built for NetS ..read more

Companies that transact in foreign currencies may run into intercompany reconciliation issues. There can be many reasons for these differences, however, one of the most common causes is not denominating a single currency for an intercompany transaction. This can cause incorrect currency revaluation which ultimately impacts the financial statements at the subsidiary and consolidated level. This blog will discuss some of the considerations when running your revaluations at month end. Understanding Foreign Currency Transactions To begin, you need to understand how NetSuite re-measures foreign cur ..read more