by Linda Hefty | Dec 6, 2022 | Accounting/Finance, NetSuite
Year-end close can be a pretty daunting process; you have 12 months’ worth of financials to review, organize, analyze, and report on. While it may not seem like the most desirable process, year-end close is a vital part of ensuring your business’s activities are...
by Linda Hefty | Nov 21, 2022 | NetSuite
As a NetSuite consultant, I often get asked about allocating expenditures across departments based on employee headcounts. The easiest way to do this is to use the statistical account feature and then create a schedule to automate the statistical journal entry. To use...
by Linda Hefty | Oct 24, 2022 | Accounting/Finance, NetSuite
It’s crazy how fast the year goes. It seems like just yesterday, we were planning our upcoming year, and now it’s time to do it again. As this calendar comes to a close, it’s important to ensure you have a secure foundation that allows decision makers to have access...
by Linda Hefty | Apr 28, 2022 | NetSuite
Because of globalization, expansion, and mobility business travel is easier to do today than it ever has been before. However, with this increase in travel, time and expense management becomes more and more difficult. Managing T&E expenses successfully has...
by Linda Hefty | Mar 19, 2022 | Accounting/Finance, NetSuite
Intercompany accounting, like certain forms of government, is a good idea in theory but doesn’t always work out so well in practice. It’s an important enough of a topic to address when discussing policies and procedures for a company, and regulators also are available...
