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

Performing and managing Period Closes

A Period Close in NetSuite is a flexible thing, and many companies find it's a little too loose out of the box. This depends on the business though and what they're used to from their legacy ERP system. Some companies need to keep transactions editable from one period to the next in case edits are needed as working conditions change over time. These companies will do well to use the Period Close feature's minimal settings. However, many other businesses would be horrified at that thought, so they need to have the system lock down each period as they close it, to keep their reporting accurate over time. These NetSuite clients will need to understand how the Period Close feature can be used to lock their transactions and reports in place. They almost always already have a process in place and policies for this, so now they just need to understand how to implement those policies with NetSuite's various features. The Period Close...