General Features

• Imports QuickBooks® data, QIF files and Peachtree list
• Maintains complete security with individual password rights for each user by accounting function
• Definable default account settings to save time and reduce errors when creating items

 
General Ledger

• Unlimited number of accounts and sub-accounts
• 21 different sample charts of accounts available
• Customizable chart of accounts; track unlimited departments and classes
• Optional use of G/L account numbers
• Allows alphanumeric account numbers of up to 15 characters
• Ability to merge accounts
• Add accounts on the fly
• Optional user-defined accounting periods
• Optional separate period end close
• Entries automatically post to General Ledger
• Automatic recurring and reversing journal entries
• Always maintains a complete audit trail
• Record and track transactions in multiple currencies, define foreign currency prices for items and automatically post revaluation adjustments for open transactions (NetSuite NetERP and NetSuite only)

 
Accounts Receivable

• Allows multiple A/R accounts
• Create customer/sub-customer hierarchies
• Allows unlimited number of customers
• Add customers on the fly
• Add multiple billing and shipping addresses for all records
• Allows drill-down to transaction detail from register
• Tracks and prints customer estimates/quotes
• Definable default account settings to save time and reduce errors when creating items
• Consolidated invoices can be created for multiple jobs for the same customer
• Automatically calculates sales tax
• Automatically approves and processes credit card transactions online
• Customers can pay invoices using Electronic Funds Transfer (EFT)
• Automatically calculates finance charges
• Allows customized aging and payment terms
• Customizable cash sale, refund, and estimate formats
• Tracks customer receipts and deposits
• Manages un-deposited cash sales
• Automatically create credit memos and refunds
• Generates monthly customer statements
• Allows customer read-only access to view transaction history and make payments on open invoices

 
Invoices

• Multiple invoice formats
• Create multiple custom invoices: define layout, add company logo, and define custom fields
• Define the order and size of fields and columns; add and delete fields and columns
• Consolidated invoices can be created for multiple jobs for the same customer
• Add custom fields to item records
• Add custom fields to customer, vendor and employee records

 
Order Processing

• Integration with UPS to calculate shipping charges in real-time
• Allows handling charges to be defined and added to shipping charges

 
Accounts Payable

• Unlimited number of vendors
• Allows multiple A/P accounts
• Add vendors on the fly
• Tracks vendor purchases and payments
• Tracks bills and generates automatic payments for approval
• Calculates and generates sales tax payments
• Memorize and schedule and unlimited number of transactions
• Write and print checks

 
Banking

• Unlimited number of bank accounts
• Transfer funds from one account to another
• Make deposits
• Reconcile bank statements

 
Web Store

• Customers can place orders online; orders then automatically become sales orders in the system

Experience these Accounting features for yourself by starting a free Trial of any NetSuite application. Or watch a demo, and a representative can guide you through the application components that interest you most. More questions? Have one of our representatives contact you.

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