How to import Amortization Schedules in NetSuite
How to import Amortization Schedules in NetSuite Amortization is an expense recognition feature and an accounting technique that is used to spread the cost of an asset over time. This feature can help in the deferral of purchase expenses. Amortization is similar to depreciation as they are both methods of calculating expense over a given […]
5 Factors to Consider When Introducing/Upgrading an ERP System
An ERP system is a powerful tool that can streamline your business operations. Order processing, billing, inventory management, and more can be controlled from one software suite instead of multiple programs. And today’s IT executives have more choices than ever when it comes to ERP software. There are multiple vendors to choose from providing on-premises […]
Benefits of an Organization Using a Third-Party Company to Approve Bill Payments and Pay Bills
Since 2000, the global market size of outsourced services has grown from $45.6 billion to $85.6 billion. Organizations increasingly rely on a variety of outsourced services, including those related to bill payment and approval. With so many businesses employing remote workers, cloud-based solutions may make more sense in the long run. – Shalakay Gibbs Explore […]
Is Your Accounting Software Your Achille’s Heel?
How’s your business doing? On the surface, things may seem great. You are landing new accounts, keeping your clients happy, and building a positive reputation for your business. But behind this bright facade, you may be starting to notice problems emerging in one of your company’s fundamental support structures – your business accounting software. Detecting […]
The Big Five – Ask yourself these questions when considering upgrading to ERP System
Many small to midsize companies handle tasks like payroll, accounts receivable and payable, billing, sales, and purchase orders, and more with accounting software. In recent years we have seen Enterprise Resource Planning (ERP) software take up the mantle of company accounting tasks as part of a larger functionality that includes analyzing and executing all the […]
