Tag Archives: Accounting Practices

Amazon Pay Fees and Transfers in NetSuite

By Meir Bulman | Published May 2, 2022

Learn how to easily book adjustments and get the accounting right for online payment providers

Control Item Accounting Impacts

By Meir Bulman | Published January 14, 2021

Use Custom Records to flexibly restrict the Asset, Revenue, and COGS account fields on Item Records.

Overcome NetSuite Account Type Restrictions (Part II)

By Meir Bulman | Published January 13, 2020

A continuation of Part I: two use cases showing how to work around NetSuite’s account type restrictions using clearing accounts and native transactions.

Overcome NetSuite Account Type Restrictions (Part I)

By Meir Bulman | Published January 5, 2020

NetSuite’s transaction types are designed to convey the nature of business events while impacting the Accounting Ledger correctly. This article outlines workarounds when there is a need to impact an “unexpected” account type on a transaction.

Best Practice: NetSuite Work In Progress for Distribution Organizations

By Marty Zigman | Published September 17, 2017

Learn the best practice to utilize NetSuite to account for Work In Progress.

How To: Multiple Foreign Currency Cash Receipt Settlement

By Marty Zigman | Published December 13, 2016

Using NetSuite, learn how to denominate an invoice in one foreign currency and settle yet in another foreign currency.

How To: Add Packaging Costs to Standard NetSuite Inventory Items

By Marty Zigman | Published October 15, 2016

Learn how you can drive packaging materials costs into finished goods inventory leveraging NetSuite driven purchasing processes.

Solved: NetSuite Drop Ship Purchase Accruals

By Marty Zigman | Published June 12, 2016

Finally, NetSuite drop ship purchase orders can automatically generate the appropriate accruals and match revenue with costs.

NetSuite Up Close: Custom GL Lines Plug-in to Reclass General Ledger Postings

By Marty Zigman | Published September 27, 2015

Learn how to get control and modify NetSuite’s default general ledger posting rules.

NetSuite Best Practice: Capitalizing Assembly Unit Costs

By Marty Zigman | Published March 21, 2015

Learn the Best Practice to account for Assembly Unit Cost using NetSuite typically found when working with Third Party Logistics (3PL) companies.

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Tag Archives: Accounting Practices

Amazon Pay Fees and Transfers in NetSuite

Control Item Accounting Impacts

Overcome NetSuite Account Type Restrictions (Part II)

Overcome NetSuite Account Type Restrictions (Part I)

Best Practice: NetSuite Work In Progress for Distribution Organizations

How To: Multiple Foreign Currency Cash Receipt Settlement

How To: Add Packaging Costs to Standard NetSuite Inventory Items

Solved: NetSuite Drop Ship Purchase Accruals

NetSuite Up Close: Custom GL Lines Plug-in to Reclass General Ledger Postings

NetSuite Best Practice: Capitalizing Assembly Unit Costs

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