New functionality to assist reconciling EFT payments in the NetSuite bank reconciliation
The native NetSuite EFT Bill Payment processing functionality posts a payment line for each supplier paid in the EFT payment file against the bank account. This makes the matching statement to GL bank reconciliation process very time consuming as line has to be ticked and added together to make the match against a single payment amount on the bank statement.
The NetSuite Learning Cloud Portal Pass is a great place to clock up some new NetSuite skills during the Covid-19 downtime. With the Customer Learning Cloud Support Pass, you have access to the most extensive NetSuite online learning offering available.
A number of our customers are closed or offering reduced services during the Covid-19 lockdown and may find their employees have time available to optimise NetSuite. Get them thinking of new features or functionality you haven’t had time to explore or those pain points that need someone to take a look and scope the what/why/what can be done.
Liberate I.T. want to ensure our customers have the latest information. Because of this, we wish to inform you about the release preview availability of NetSuite Fixed Assets Management version 20.1, the target date of the upgrade, and the enhancements that will be included in the new version of the SuiteApp.
The Navigation Portlet helps users simplify navigation to frequently used records or pages in NetSuite. Using the portlet, shortcuts can be created to the pages visited frequently and can also be organized into groups and categories. These links are displayed on a user’s dashboard, meaning the user no longer has to comb through NetSuite menus. The navigation portlet is an easy way to enhance your dashboard and increase your efficiency in NetSuite.
It is sometimes difficult to get staff buy-in to ERP systems for two main reasons: Employees may balk at learning new software and processes, and be reluctant to replace their favourite stand-alone applications. But, the pain of the transformation process is worth it compared to the frustration and wastage of time in many organizations where employees (unhappily) put up with an all-too-common common workplace challenge: App overload, a problem smart ERPs like NetSuite are designed to solve.
If you’re running a modern business, the advantages of using an ERP system should need little introduction. With an upgrade to NetSuite, you sweep away outdated, time-consuming and error-prone methods of handling data and replace them with a single centralised and integrated cloud system, leading to massive efficiencies right across your business. And just one of these efficiencies lies in streamlining staff costs and human resources.