This Help & Advice topic has been created by one of our in-house Solution Consultant's. This article has been written to help existing NetSuite OneWorld users follow best practice when it comes to Period Ends and Reporting. We hope you find this article useful and that you pick up a few tips along the way. We've also included a step-by-step video to help you. So, let's get started.
This Help & Advice topic has been created by one of our in-house Solution Consultant's. This article has been written to help existing NetSuite OneWorld customers follow best practice when it comes to processing NetSuite OneWorld Intercompany Transactions. Hopefully you'll pick up a few tips along the way. Check out our step by step video that walks you through the different transactions.
In this article, we'll be showing you how to set the relevant OneWorld settings the system. We've also created a short video to help guide you through some the Set Up features in the GL, Vendors and Customers and on Item Records.
If you're new to NetSuite or haven't yet considered OneWorld for your business, it might be helpful to explain what OneWorld is all about.
OneWorld is NetSuite's extremely powerful module that enables the management of multiple subsidiaries, business units and legal entities in real-time. Multi-lingual, multi-jurisdiction compliance and multi-currency are all standard features of the system. And the really nice bit is that it delivers real-time global business insights and not just at GL level.
Cloud adoption in areas such as CRM and HR has been widely accepted as the norm, however when it comes to changing the ERP system on which a business is run, adoption rates to date have been somewhat slower (for various reasons).
Many organisations have dipped their toes into cloud solutions in the areas of Office Automation, HR and CRM. While manufacturing may not have been the initial and obvious starting point in the past, things have changed.
