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

Chapter 6: Understanding the Organization's Accounting and Finance

Every business, including not-for-profits, has some accounting to be done in NetSuite. However, since not every NetSuite client runs their business directly in the Enterprise Resource Planning (ERP) system, determining just the right mix of accounting features your client's organization should use is an important skill you will need to develop. This starts with understanding NetSuite's features and the terms used to describe them, but also requires an understanding of the laws and regulations for the region the business will operate in, along with other factors. By the end of this chapter, I hope you'll know how to do all these things, and get your client on the right track to maintaining their accounting and finances in NetSuite.

In this chapter, we will learn about implementing the following NetSuite features:

  • Enabling features and setting up the accounting basics
  • General Ledger...