Book Image

NetSuite for Consultants

By : Peter Ries
Book Image

NetSuite for Consultants

By: Peter Ries

Overview of this book

NetSuite For Consultants takes a hands-on approach to help ERP and CRM consultants implement NetSuite quickly and efficiently, as well deepen their understanding of its implementation methodology. During the course of this book, you’ll get a clear picture of what NetSuite is, how it works, and how accounts, support, and updates work within its ecosystem. Understanding what a business needs is a critical first step toward completing any software product implementation, so you'll learn how to write business requirements by learning about the various departments, roles, and processes in the client's organization. Once you've developed a solid understanding of NetSuite and your client, you’ll be able to apply your knowledge to configure accounts and test everything with the users. You’ll also learn how to manage both functional and technical issues that arise post-implementation and handle them like a professional. By the end of this book, you'll have gained the necessary skills and knowledge to implement NetSuite for businesses and get things up and running in the shortest possible time.
Table of Contents (27 chapters)
1
Section 1: The NetSuite Ecosystem, including the Main Modules, Platform, and Related Features
5
Section 2: Understanding the Organization You Will Implement the Solution for
11
Section 3: Implementing an Organization in NetSuite
21
Section 4: Managing Gaps and Integrations
Appendix: My Answers to Self-Assessments

Setting up and using the General Ledger

As we discussed in Chapter 6, Understanding the Organization's Accounting and Finance, most clients will know what they want their Chart of Accounts (COA) to consist of when they transition into the cloud. NetSuite does come with a COA list in every new account, just in case you ever work with a brand-new company, but in most cases, we remove those accounts early in the project and replace them with the company's list. Most established businesses will have accounts they need to import and use right away. We typically help each client import their COA from a CSV file since this is relatively simple to do (and this helps the financial users become familiar with using the CSV Import feature). The good news here is that the system offers a wide variety of account types (expense, income, credit card, and so on), which should satisfy most business accounting needs.

Important Note

Remember that when a business has a OneWorld account...