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

Managing Item Fulfillments for sales, transfers, and returns

I mentioned earlier that a Sales Order is not a posting transaction, and that's because, as per most modern accounting standards, the sale is not final until the goods or services that were sold are delivered to the buyer. For physical goods, we record that event in the system via Item Fulfillments. These are relatively simple transactions with a copy of the items list from our Sales Order, for those items that are configured as fulfillable and for which we have inventory in stock.

There are a lot of variations to this process, depending on the company and how they deliver their goods to customers, but generally, some time after the sale is made, the goods are sent to the customer, drop-shipped, or manufactured and then shipped or similar. We can tell the system which items were delivered, and for warehouse-based companies, we can assign statuses such as Picked, Packed, and Shipped to track each step of the process...