Articles written by John David Dy
Articles written by
John David Dy
Adding or Removing Nexuses from a Subsidiary
Add a nexus to a subsidiary if the subsidiary has a valid registration to collect tax in that nexus (tax jurisdiction).
Creating Tax Nexuses
You can set tax preferences for each nexus in which you collect and pay taxes.
Enabling Advanced Taxes
Warning: If you enable Advanced Taxes, you cannot disable it in the future.
Displaying Approved Time as Actual Costs in Advanced Project Profitability Report
When creating project profitability configurations, theTreat Tracked & Approved Timeas Actual Costpreference enables you to select approved time as actual costs without posting time. You can also display tracked and approved time as actual costs on the P&L subtab. Displaying approved time as actual costs ensures the estimate at completion and estimate to complete calculations are more accurate.
Creating Custom Project Profitability Reports
Advanced Project Profitability uses filters to map accounts and items to specific columns and rows within a custom project profitability report. The feature comes with a standard configuration of account and item mappings. You can edit and customize the standard configuration and create custom profitability reports to fit your business needs. You can create multiple configurations. All of your project profitability reports are located at Reports > Projects > Project Profitability Reports.
Enable the Currency Exchange Rate Types feature
Go toSetup > Company > Enable Features.
Currency Exchange Rate Types
The Currency Exchange Rate Types feature lets you store multiple currency exchange rates for a currency pair and date. Unless you enable this feature, you can have only one exchange rate for each currency pair and date combination. You cannot disable the Currency Exchange Rate Types feature after you enable it.
Revaluation Record Details
The following information is available in the Details subtab for each unrealized gain/loss currency revaluation transaction atTransactions > Financial > Revalue Open Currency Balances > List ( Administrator ). You can also view this information fromTransactions > Financial > Revalue Open Currency Balances ( Administrator )after you run revaluation for a period. Click View in the Results column to view the information from last time revaluation was run for an account.
Currency Revaluation Transactions
Currency revaluation is a system-generated transaction that records the impact to base currency valuation due to exchange rate fluctuations. NetSuite generates several types of currency revaluation transactions. The type is displayed in parentheses at the top of the transaction record.
Asset Transfer Accounts
The Fixed Assets Management SuiteApp supports multiple subsidiaries and lets you transfer assets between subsidiaries.
General Ledger Accounts for Fixed Assets Management
The Fixed Assets Management SuiteApp provides predefined general ledger accounts for fixed assets, but you can set up your existing general ledger accounts to be used with the SuiteApp.
Background Processing of Fixed Assets
To optimize application and database servers, mechanisms have been implemented to govern the usage of SuiteScript. SuiteScript thresholds are based on the volume of activity that a company's users can manually generate, as well as a provision for automated functions.
Viewing Fixed Asset Reports
You can view a list of the reports that you generated for the past 30 days from the My Reports page.
Generating Asset Reports
The fixed asset reporting tool uses the Advanced PDF format. This enables you to print the report or to view and download it in CSV (for Depreciation Schedule Report), PDF, or XML format. To generate the fixed asset reports, you must enable theAdvanced PDF/HTML Templatesfeature from Setup > Company > Enable Features > SuiteCloud.
Entering an Inventory Adjustment
The Adjust Inventory form enables you to change the quantity and value of an inventory item without entering a purchase order.
How to Use the Adjust Inventory Worksheet
Go toTransactions > Inventory > Adjust Inventory Worksheet.