Track your items Individually or as group and can also track serial and lot number of you inventory. Includes history of the recent transaction in each inventory item.You can also Track the items individual or group of track the inventory items.

NetSuite Event records can be used to plan our day with timely event with date, start and end time,place as well as information on what the event is, who will be attending, who is invited, etc.  Events can be something as simple as a conference call where people join and participate. Or it can be a major meeting, such as a trade show.

Finance charges are also called as ‘Late Fees’.  When customer not pay the invoice amount at a give time then company charge late fees/finance charges on invoices. Finance charges are usually calculated on monthly basis for all transactions.

  Requisition is a transaction generated by various employees of an organisation to request Purchasing department to procure a particular quantity of a material or a service for a particular date.

       A chart of account (COA) is a financial tool that provides a complete listing of every account in accounting system. In NetSuite, you can use the CSV import assistant to import the account information (or) you can create account records manually in NetSuite. The Chart of Accounts is an excellent a way to record all of these transactions for asset, income (or) revenue, expense, liability, equity.

Purchase Request is a transaction generated by various employees of an organisation to request Purchasing department to procure a particular quantity of a material or a service for a particular date.

The Inventory levels to quickly service customer demand while not tying up valuable financial assets can be difficult even when using NetSuite demand and supply planning features.inventory levels aren’t sufficient to immediately satisfy customer demand and then want to make a priority which customers are serviced first.

In some countries it’s required to club some tax codes under a common head and apply all of them together. In such cases, you will have to create Tax Group and define all the applicable tax codes which will fulfil this regulatory requirement.

Netsuite provides basic segments such as Classes, Location, Department and Subsidiaries. The custom segment feature in NetSuite that allows you to create unlimited Custom Segments to draw reports easily. You to create a number of classifications such as Classes, Location and Department without any limitations.