You're reading from NetSuite for Consultants, 2e Your comprehensive guide to becoming a successful NetSuite consultant in 2023

Product type Paperback

Published in May 2023

Publisher Packt

ISBN-13 9781837639076

Length 346 pages

Edition 2nd Edition

Tools

NetSuite

Concepts

Enterprise Resource Planning

Author (1):

Peter Ries

View More author details

Table of Contents (28) Chapters

Preface

1. Section I: The NetSuite Ecosystem, including the Main Modules, Platform, and Related Features

2. Introduction to the NetSuite Ecosystem, Platform, and Related Features FREE CHAPTER

3. Selecting and Applying an Implementation Methodology

4. Creating a Project Plan

5. Section II: Understanding the Client’s Organization

6. Documenting the Organization’s Requirements

7. Analyzing the Organization’s Users and Roles

8. Understanding the Organization’s Accounting and Finance

9. Getting to Know the Organization’s Entities and Items

10. Identifying the Organization’s Main Transactions

11. Section III: Implementing an Organization in NetSuite

12. Custom Forms, Records, and Fields

13. Centers and Dashboards

14. Items and Related Lists

15. Customers, Vendors, Contacts, and Other Entities

16. Financial Transactions and Period Closes

17. Procure-to-Pay Transactions

18. Order-to-Cash Transactions

19. Other Transactions and Custom Transactions

20. Analytics, Reports, and Data Exports

21. Section IV: Managing Gaps and Integrations

22. Managing Gaps and Creating Custom Automations

23. Managing Integrations

24. Managing Data Migrations

25. Other Books You May Enjoy

26. Index

Appendix: My Answers to Self-Assessments

Defining the general ledger and Chart of Accounts

Every client I have worked with within NetSuite wants to use its financial features. I suppose it would be possible to only use NetSuite’s Customer Relationship Management (CRM) features and not the general ledger, but I haven’t seen this done yet. That means they’re going to want to set up their Chart of Accounts (COA) next (I’m assuming here that you have a basic understanding of business accounting as we cover this topic, by the way).

The Accounts list in NetSuite is found at Setup | Accounting | Chart of Accounts. Out of the box, NetSuite includes a list of the most common accounts most businesses will use, but you’ll find you don’t use that list very often. More commonly, the business will bring a list of accounts with them from its current system and, for the most part, will want to use the same account names and numbers. This is OK, as you can help them use the CSV Import feature...