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)
Section 1: The NetSuite Ecosystem, including the Main Modules, Platform, and Related Features
Section 2: Understanding the Organization You Will Implement the Solution for
Section 3: Implementing an Organization in NetSuite
Section 4: Managing Gaps and Integrations
Appendix: My Answers to Self-Assessments

Chapter 14: Procure-to-Pay Transactions

Once you have Vendors and Items in the account, you can start helping your client learn to use the Procure-To-Pay (PTP) transactions: Purchases, Vendor Bills, Payments, Returns, and Credits. For some companies, PTP is only for internal business purchases, but for many businesses, the entire business depends on getting this right since if they pay too much or don't buy the right products, their sales will be negatively affected.

In this chapter, we will cover the following topics:

  • Using Requisitions, Purchase Requests, and Purchase Orders
  • Managing Special Orders and Drop Ship Orders
  • Utilizing Inbound Shipments and processing Item Receipts
  • Planning for and using Vendor Bills
  • Tracking Vendor Prepayments and making Vendor Payments
  • Processing Vendor Returns and Vendor Credits

The business buyers and Accounts Payable (A/P) managers and employees will be your primary contacts as you work your way through these...