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NetSuite Financial Management Module Set Up
Optimize your financial operations with a complete NetSuite Financial Management setup — built to deliver accuracy, compliance, and real-time visibility. Each module below offers transformational capabilities beyond basic bookkeeping.
What you get when you select each feature:
Accounting
Full General Ledger setup inclusive of chart of accounts, multi-currency support, and GL customization.
Automated AP/AR workflows: vendor bills, customer invoices, payments, collections.
Cash & bank account management, transaction reconciliation, and cash-flow tracking.
Fixed asset tracking and depreciation scheduling (if applicable).
Subscription & Billing
Recurring billing setup for subscriptions, contracts, or memberships.
Automated invoice generation, renewals, credit memos, and usage-based billing support.
Consolidated invoicing and visibility into billing cycles and revenue streams.
Budgeting & Planning
Company-wide and departmental budget setup.
Forecasting, scenario modeling, and real-time comparison of actuals vs forecasts.
Collaborative budgeting workflows and approval processes.
Revenue Recognition
Compliance with ASC 606 / IFRS 15 for contracts, subscriptions, and bundled offerings.
Automated revenue schedules, deferred revenue tracking, and amortization control.
Accurate financial statements reflecting recognized revenue over contract life.
Financial Reporting
Real-time dashboards and KPI tracking.
Automated financial statement generation (P&L, Balance Sheet, Cash Flow).
Drill-down capability to granular transaction data; supports multi-entity consolidation/reporting.
Financial Consolidation
Automatic roll-up of financials from multiple subsidiaries or departments.
Intercompany elimination, currency revaluation, and consolidated statements.
Faster close cycles and unified multi-entity cashflow/valuation visibility.
Governance, Risk & Compliance
Audit trail and change log setup to track all financial activity history.
Role-based access control and segregation of duties for security and compliance.
Multi-jurisdictional compliance support, tax configuration, and regulatory reporting readiness.
Optimize your financial operations with a complete NetSuite Financial Management setup — built to deliver accuracy, compliance, and real-time visibility. Each module below offers transformational capabilities beyond basic bookkeeping.
What you get when you select each feature:
Accounting
Full General Ledger setup inclusive of chart of accounts, multi-currency support, and GL customization.
Automated AP/AR workflows: vendor bills, customer invoices, payments, collections.
Cash & bank account management, transaction reconciliation, and cash-flow tracking.
Fixed asset tracking and depreciation scheduling (if applicable).
Subscription & Billing
Recurring billing setup for subscriptions, contracts, or memberships.
Automated invoice generation, renewals, credit memos, and usage-based billing support.
Consolidated invoicing and visibility into billing cycles and revenue streams.
Budgeting & Planning
Company-wide and departmental budget setup.
Forecasting, scenario modeling, and real-time comparison of actuals vs forecasts.
Collaborative budgeting workflows and approval processes.
Revenue Recognition
Compliance with ASC 606 / IFRS 15 for contracts, subscriptions, and bundled offerings.
Automated revenue schedules, deferred revenue tracking, and amortization control.
Accurate financial statements reflecting recognized revenue over contract life.
Financial Reporting
Real-time dashboards and KPI tracking.
Automated financial statement generation (P&L, Balance Sheet, Cash Flow).
Drill-down capability to granular transaction data; supports multi-entity consolidation/reporting.
Financial Consolidation
Automatic roll-up of financials from multiple subsidiaries or departments.
Intercompany elimination, currency revaluation, and consolidated statements.
Faster close cycles and unified multi-entity cashflow/valuation visibility.
Governance, Risk & Compliance
Audit trail and change log setup to track all financial activity history.
Role-based access control and segregation of duties for security and compliance.
Multi-jurisdictional compliance support, tax configuration, and regulatory reporting readiness.