Explore Our NetSuite Solutions for Your Industry

We are well into 2021 and NetSuite users will soon discover the new features included in the first release of the year.

How can I know if my European customer has a valid VAT number? This is a question you might ask yourself a lot, and it is an important one, too!

The custom process described in this article aims at linking purchase orders in one subsidiary to projects in other subsidiaries, while handling the committed and actual intercompany impact of these transactions.

Being active in sectors such as services and softwares, we are often faced with revenue recognition challenges. Although NetSuite’s revenue recognition module allows us to design highly adjustable and complex revenue flows, it can get far more difficult when it comes to creating a flexible process for amortizing charges.

As you may know Expensify is used by all employees within an organization, and it is always a struggle to ask your employees to fill out a correct tax regime for the expenses that they are filling in.

In order to fill this gap and assist our belgian customers with their day-to-day payment reconciliation, we created a three-step solution.

Many of our customers are located in countries where VAT can be calculated either based on cash accounting or based on accrual accounting depending on local regulations, especially in France.

ICT industry’s premier vendor assessment tool ICT MarketScape recently published a report assessing the market for SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications, and a clear leader stands out: NetSuite.

Preparing for e-Invoicing Mandates

NetSuite Health Check

Optimize decisions and vizualize data.

Simplify amortization and link transactions in NetSuite.

Simplify and automate intercompany transactions.

Stay ahead with expert guidance.

Ensure compliance with Belgium GAAP.

Get our Bank Connectivity solution.

Ensure compliance with French GAAP.

Automate dunning with Novutech for better cash flow.

Invoice and Billing Management

Report in Multiple Accounting Standards Simultaneously

Manage a complete asset lifecycle

Streamline. Automate. Comply

Unify your ERP and e-commerce

Run your project lifecycle effectively

Covering your customer lifecycle

Automate inventory management

The solution for your international business: supporting multiple entities, countries and currencies

A powerful and complete all-in-one financial system