Cloud Accounting Software

Get a complete view of cash flow and financial performance.

NetSuite Advanced Financials brings complementary financial management functionality to NetSuite, including budgeting, expense allocations and amortization, flexible billing management and statistical accounts.

It helps ensure strong financial management by managing and monitoring budgets versus actuals. With expense management capabilities, NetSuite Advanced Financials provides sophisticated expense allocations that make it simple to assign expenses based on typical weightings, while amortization schedules enable expenses to be amortized over time with ease.

In this video, we demonstrate NetSuite’s Advanced Financials capabilities. We start on the dashboard where users are notified of any outstanding tasks before diving into an amortization entry that is awaiting approval. We’ll explain how to pay vendor bills based on amortization schedules, review and adjust amortization schedules and distribute expenses across departments. We’ll also demonstrate how to use NetSuite’s dynamic allocation functionality, and finally, we walk through the sales order billing report, compiling all billing schedules into a single report.