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 16, 2018 | NetSuite, Optimizations & Rescues
If implementing ERP software is like building a new house, the general ledger is the pillar of your new home. Let’s face it, what’s the point of building a new house if it’s not going to stand on a stronger, sturdier foundation? Remember those General Ledger (GL)...
by Juan Pablo Vasquez | Aug 21, 2018 | Implementations, NetSuite
“It’s less costly to properly maintain the ERP system that you have, than to get to a point where you have to start again.” So, you’ve finally finished implementing your new ERP system. All of your systems are up and running, your data transfer...
by Juan Pablo Vasquez | Aug 7, 2018 | Implementations, NetSuite
The scope is well defined, statement of work is signed off, and teams are all set – congratulations! Your organization is about to embark on an exciting new journey, a NetSuite Implementation….or you think…. According to Gartner study, between 20% –...
