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The choice of NetSuite vs QuickBooks depends on your business type and growth expectations. Small businesses with high growth prospects often start with QuickBooks and move up to NetSuite or another ERP system when their needs and budget grow.
Some of the NetSuite modules are included with the NetSuite platform. Others are add-on modules for an additional cost if selected for your business. The functionality of certain add-on modules, including Work Orders and Assemblies, may be included in other NetSuite modules.
NetSuite Sandbox provides an isolated and secure trail platform against suspicious cyber threats and minimizes the risk of damaging the software. Provide training for employees without affecting the firm’s production process and run complex projects without risk.
NetSuite has developed the Workflow Manager that enables you to build workflows for a variety of business processes, including invoice approval. Custom workflows can include unique items like steps for approval and purchase order management.
In a new era of banking, NetSuite has launched banking as a service to increase operational efficiency and cost savings. It’s a unique open banking approach to help NetSuite customers streamline financial services and improve bank relationships.
One of NetSuite‘s key business processes is a document management system. The tool enables you to add reference documents to any record to simplify your audit trail. This facilitates year-end accounting and helps to organize files.
Each of these import options will create different record types (with an internal ID), but the data remains the same. Here are a few tips and tricks to get the most mileage out of your user interface and NetSuite import transactions today: