by Juan Pablo Vasquez | Apr 23, 2019 | NetSuite, Optimizations & Rescues
So…you’ve made your way to a saved search post – although not the sexiest topic around – it’ll definitely save you time & a ton of headache. In case you’re wondering why I’ve decided to write about NetSuite Reports vs Saved Searches… there’s an...
by Juan Pablo Vasquez | Jan 8, 2019 | NetSuite, Optimizations & Rescues
With companies transitioning to NetSuite ASC 606/IFRS 15 accounting software standards, NetSuite will have to accommodate both the new and old accounting standards in the system for existing customers who are in the midst of transitioning. Time to read: 6 minDrink...
by Juan Pablo Vasquez | Dec 25, 2018 | NetSuite, Optimizations & Rescues
Purpose of Netsuite 1099 Misc Reporting In general, payments made to non-employees/independent contractors in excess of $600 within a calendar year must be reported to the IRS. This is done by filing a 1099-MISC form. If a business needs to file more than 250 forms,...
by Juan Pablo Vasquez | Dec 4, 2018 | NetSuite, Optimizations & Rescues
Large public companies, most notably Verizon and Workday, have been preparing for what has been considered one of the most historic accounting changes to hit the market in decades (Forbes), NetSuite ASC 606/IFRS 15. Verizon has been preparing for this transition over...
by Juan Pablo Vasquez | Oct 23, 2018 | NetSuite, Optimizations & Rescues
What is the NetSuite Contract Renewal Module? Just as with any other aspect of a business, it is important to have good practices in how you manage renewable contracts. This is the dream but in reality, it can be a total nightmare. Especially when it comes to...
