Skip to content

Creating projects from sales transactions

Netsuite articles

April 26 2022

Background When you sell a product together with consultancy / professional services, NetSuite allows to create a project from the sale transaction (sale order, opportunity or estimate) you have booked in the system.That way the sale transaction and the newly created project are linked together and all billing operations will be done directly through the … Continued
Read more

Discover our customer, Yoga Room

Netsuite articles

April 07 2022

Who is Yoga Room? “Yoga Room” is a company offering a wide range of Yoga lessons through a large variety of subscription options, either onsite or online. They manage several yoga studios, including stores selling Yoga equipment, in Belgium, France and Portugal. They have recently acquired a new subsidiary in France and just finished a … Continued
Read more

NetSuite Release 2022.1 Overview

Netsuite articles

March 17 2022

We are already in the middle of March, and shortly all NetSuite customers will be upgraded to the 2022.1 version and will be enjoying some fresh enhancements and new functionalities within their NetSuite environment. Background As part of their goal to consistently optimise their customers’ business operations and further automate their financial processes, NetSuite left … Continued
Read more

Set up standard budget and Expense Commitments and Budget Validation on Netsuite

Netsuite articles

March 11 2022

Background In order to save significant amounts of income and expense, you can use budgets for financial planning purposes. In NetSuite, each budget covers a year and permits the entry of an amount per account for each accounting period in the year. Budgets provide information for reports and can also be used to control transactions … Continued
Read more

Modify parent company and subsidiary hierarchy in NetSuite

Netsuite articles

January 28 2022

Background In NetSuite, the subsidiary hierarchy of a company is a particularly important principle since it represents the basic structure of an environment.  The subsidiary hierarchy is determined at the creation of a NetSuite environment. The possibility to modify the parent company (and therefore the subsidiary hierarchy) is possible but not straightforward. In this article, … Continued
Read more

NetSuite Certification & Training Programs at Novutech - Benefits for NetSuite customers

Netsuite articles Novutech culture

January 18 2022

Novutech provides a wide range of training sessions adapted to each position level. The provided learning paths cover several areas and includes Products training, Technical training, Industry training and Skills training. These enable each consultant to develop its skills and technical knowledge that will help him to grow professionally, add value to our company and … Continued
Read more

Saved Searches tips & tricks

Netsuite articles

December 07 2021

Background As reporting is an important subject in any ERP project, NetSuite offers what is called saved searches. These saved searches allow, thanks to a rather intuitive graphical interface, to consult all the data of the ERP. Although the tool is intuitive, as soon as you have to set up a complex layout or conditions, … Continued
Read more

NetSuite Certifications, Accreditations and Local Credibility for Audit purposes

Netsuite articles

November 25 2021

Background NetSuite as a professional software delivering high qualified certifications As the leading integrated cloud business software suite, NetSuite requires the users to have quite solid basics to be proficient. The NetSuite training platform provides a variety of training modules covering all the different topics the software is handling. It provides fundamentals training to begin … Continued
Read more

Build Financial Statement

Netsuite articles

November 11 2021

Background NetSuite provides a wide variety of standard reports, including various financial statements. The main ones are Profit and Loss and Balance Sheet. Aside from those two, you will also have pre-configured statements comparing Budget vs Actuals or statements displayed by accounting books. The standard statements are highly customizable to meet your internal management requirements. … Continued
Read more

NetSuite Release 2021.2 Overview

Netsuite articles

October 26 2021

We are already at the end of October, and shortly all NetSuite customers will be upgraded to the 2021.2 version and will be enjoying some fresh enhancements and new functionalities within their NetSuite environment.  Background As part of their goal to consistently optimize their customers’ business operations and further automate their financial processes, NetSuite left … Continued
Read more

Update of Journal Entries created from Amortization Schedule – Novutech Custom Solution

Netsuite articles

July 08 2021

Background As a NetSuite user, you have probably noticed that when a Journal Entry is created from an amortization schedule, it is hard to make the link between the transaction on which the amortization is applied and the Journal Entry itself.  The link is present directly on the amortization schedule but it cannot be found … Continued
Read more

Advanced Numbering

Netsuite articles

June 08 2021

A few weeks ago we were sharing with you 5 of the most exciting features of NetSuite’s Release 2021.1. Today, let’s dive deeper into the new advanced numbering functionality, which already proves to be a favourite of our customer’s! This enhancement enables NetSuite users to create flexible document and transaction numbering rules, which is especially … Continued
Read more
1 2 3 4 5