Introduction For organizations operating across multiple countries or reporting frameworks, a single set of books isn’t enough.NetSuite’s Multi-Book Accounting (MBA) module allows you to maintain parallel accounting books within the same system—each following its own rules, adjustments, and reporting standards. ...
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The NetSuite Pro Latest Articles
NetSuite Fixed Assets Management (FAM) Module — Tracking and Depreciating Company Assets
adminIntroduction The Fixed Assets Management (FAM) module in NetSuite automates the process of managing a company’s tangible assets — such as buildings, equipment, and vehicles — from acquisition to disposal. It provides accurate depreciation tracking, integrates directly with the General ...
NetSuite Accounts Payable (AP) Module — Managing Vendor Bills & Payments
adminIntroduction The Accounts Payable (AP) module in NetSuite handles all aspects of vendor management, from receiving supplier bills to issuing payments.It ensures expenses are tracked, approvals are controlled, and payments are made accurately and on time — keeping your cash ...
NetSuite Accounts Receivable (AR) Module — Managing Invoicing & Collections
adminIntroduction The Accounts Receivable (AR) module in NetSuite manages everything related to customer billing and payments — from invoice generation to collections and reporting. It ensures your revenue is tracked accurately, cash flow stays healthy, and customer balances remain up ...
NetSuite General Ledger (GL) Module — Foundation of Financial Management
adminIntroduction The General Ledger (GL) is the financial backbone of NetSuite — every transaction, adjustment, and summary ultimately posts to it.It provides real-time visibility into company financials, enabling accurate reporting and compliance across subsidiaries and currencies. 🧭 1️⃣ Key Components ...