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 13: Financial Transactions and Period Closes

The bookkeepers, accountants, and financial managers within any organization will learn to love the flexibility that NetSuite provides them with to work with Journal Entries, Period Closes, and more. You need to learn how to make sure your client's financial experts and accountants are satisfied so that they'll be able to complete their tasks every day, including at the end of their financial periods, with NetSuite.

In this chapter, we will cover the following topics:

  • Setting up and using the General Ledger
  • Implementing Currency Management
  • Setting up and using banking features
  • Using Journal Entries
  • Performing and managing Period Closes

Your client's financial managers, bookkeepers, and accountants will be your main contacts for the topics covered in this chapter. They should have already completed the NetSuite Foundations training before you begin training them further on the system...