NetSuite Functional Subject Matter Expert (SME)

NetSuite Functional Subject Matter Expert (SME) is a subject matter expert on all NetSuite functional areas.

To help you better understand NetSuite Functional Subject Matter Expert (SME), our NetSuite Functional SME certified & authorized consultants will discuss:

What is NetSuite Functional Subject Matter Expert (SME)?

NetSuite Functional Subject Matter Expert (SME) is a professional who has accumulated advanced knowledge about all NetSuite functional areas, and this level of knowledge is demonstrated by NetSuite functional certifications & authorizations, and years of professional experience with all NetSuite functional areas.

What are NetSuite Functional Areas?

NetSuite Functional Areas include NetSuite software components, business models, business areas, business process areas, entities, human resources, marketing, sales, support, activities, communications, segments, currencies, languages, accounting books, accounts, items, fixed assets, leases, accounting types, accounting, expenses, revenue, taxes, budgets, forecasts, financials, projects, contracts, subscriptions, inventory, supply chain, drop shipments, special orders, manufacturing, warehouses, distribution, stores, point of sale, websites, ecommerce, transactions, intercompany management, intercompany transactions, approvals, order management, EDI documents, customer billing, vendor payments, payment processing, collections, dunning, banking, file cabinet, internal controls, compliance, and analytics.

What are NetSuite Software Components?

NetSuite Software Components include products, country editions, editions, service tiers, account types, license types, modules, Suite areas, country localization SuiteApps, and features.

What are NetSuite Business Models?

NetSuite Business Models include business to business, business to consumer, products, services, subscriptions, ecommerce, and nonprofit.

What are NetSuite Business Areas?

NetSuite Business Areas include Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Subscription Management (SM), Services Resource Planning (SRP), Professional Services Automation (PSA), Supply Chain Management (SCM), Material Requirements Planning (MRP), Manufacturing Resource Planning (MRP), Distribution Resource Planning (DRP), Warehouse Management System (WMS), and Web/Ecommerce.

What are NetSuite Business Process Areas?

NetSuite Business Process Areas include Resource to Hire, Hire to Manage, Hire to Pay, Record to Report, Design to Build, Procure to Warehouse, Plan to Produce, Procure to Pay, Asset to Manage, Marketing to ROI, Lead to Quote, Quote to Order, Web to Order, Warehouse to Fulfill, Order to Cash, Order to Contract, Contract to Renewal, Order to Subscription, Subscription to Renewal, Resource to Project, Project to Cash, Balance to Collection, Call to Resolution, Return to Debit, and Return to Credit.

What are NetSuite Entities?

NetSuite Entities include company, subsidiaries, employees, vendors, leads, prospects, customers, partners, contacts, competitors, and other names.

What is NetSuite Human Capital Management?

NetSuite Human Capital Management includes human resources, workforce management, payroll, jobs, dates, IDs, directory, time-off, benefits, compensation, commissions, changes, and terminations.

What is NetSuite Marketing?

NetSuite Marketing includes online forms, lead sources, promotions, campaign domains, campaign email addresses, marketing templates, groups, campaign subscriptions, campaigns, campaign events, campaign responses, and promotional URLs.

What is NetSuite Sales?

NetSuite Sales includes online forms, customer statuses, lead conversion, rules, territories, managers, teams, pipeline, forecast, quota, campaigns, merchandise hierarchies, upsell manager, and Configure, Price, Quote (CPQ).

What is NetSuite Support?

NetSuite Support includes online forms, profiles, rules, escalation rules, territories, cases, case templates, alerts, issues, topics, and solutions.

What are NetSuite Activities?

NetSuite Activities include events, tasks, phone calls, resources, and calendars.

What are NetSuite Communications?

NetSuite Communications includes emails, faxes, letters, PDFs, and notes using communication template types of email, campaign email, fax, letter, PDF, and advanced PDF/HTML.

What are NetSuite Segments?

NetSuite Segments include subsidiaries, locations, classes, departments, and custom.

What are NetSuite Currencies?

NetSuite Currencies include multiple currencies, multi-currency customers, multi-currency vendors, currency exchange rates, cross currency triangulation, anchor currencies, direct rates, inverse rates, and currency revaluation.

What are NetSuite Languages?

NetSuite Languages, including system-supported languages and additional configured languages, can be viewed in the user interface, websites, and customer printed transaction forms. Language translation uses translation collection translation strings, including stand-alone strings and custom strings.

What are NetSuite Accounting Books?

NetSuite Accounting Books include one or more accounting books for book generic transactions, book specific transactions, general ledger, allocation, expense amortization, revenue recognition, currency revaluation, fixed asset depreciation, fixed asset revaluation, and statistical journals.

What are NetSuite Chart of Account Types?

NetSuite Chart of Account Types include accounts payable, accounts receivable, bank, cost of goods sold, credit card, deferred expense, deferred revenue, equity, expense, fixed asset, income, long term liability, other asset, other current asset, other current liability, other expense, other income, statistical, and unbilled receivables.

What are NetSuite Item Types?

NetSuite Item Types include inventory, assembly/BOM, kit/package, group, lot numbered, serialized, matrix, non-inventory, service, other charge, expense, download, discount, markup, gift certificate, payment, subtotal, and description.

What is NetSuite Fixed Assets Management?

NetSuite Fixed Assets Management include fixed assets proposal, creation, acquisition, depreciation, revaluation, split, transfer, and retirement. Depreciation methods can include preconfigured depreciation methods or custom depreciation methods.

What is NetSuite Leases Management?

NetSuite Leases Management supports finance leases and operating leases includes leases creation, modification, payments, interest, right-of-use, liability, and creation of associated leased assets.

What are NetSuite Accounting Types?

NetSuite Accounting Types include cost accounting, accrual accounting, cash basis accounting, financial accounting, governmental accounting, fund accounting, not-for-profit accounting, and lease accounting.

What is NetSuite Accounting?

NetSuite Accounting includes chart of accounts, chart of account types, general ledger, general ledger account type numbers, general ledger account type normal balances, general ledger account opening balances, general ledger account impacts, subledger, accounting segments, accounting periods, accounting books, accounting contexts, and accounting types. NetSuite supported accounting standards including Generally Accepted Accounting Principles (GAAP), Financial Accounting Standards Board (FASB), and Accounting Standards Codification (ASC) 606 and 842.

What is NetSuite Expenses Management?

NetSuite Expenses Management includes direct, allocation, amortization, accrual, billable, approvals, and forecasting.

What is NetSuite Revenue Management?

NetSuite Revenue Management includes direct, recurring, recognition, allocation, restriction, approvals, and forecasting.

What are NetSuite Taxes?

NetSuite Taxes include domestic, international, purchase, sales, and reporting.

What are NetSuite Budgets?

NetSuite Budgets can be created for company, subsidiary, category, customer, project, project task, item, and standard segments.

What are NetSuite Forecasts?

NetSuite Forecasts include workforce, sales pipeline, items demand, projects, expenses, revenue, cash, and financials.

What are NetSuite Financials?

NetSuite Financials include current assets, fixed assets, lease assets, segment balancing, period-close, year-end close, income statement, cash statement, balance sheet, financial planning and analysis (FP&A), budgeting, operating expenses (OpEx), capital expenses (CapEx), forecasting, and strategic planning. NetSuite supported financial standards including International Financial Reporting Standards (IFRS), and International Accounting Standards Board (IASB).

What is NetSuite Project Management?

NetSuite Project Management includes projects, tasks, resources, resource skills, resource allocation, time tracking, billing types, charge types, expenses, billing, budgets, and profitability.

What is NetSuite Contract Management?

NetSuite Contract Management includes create, upsell, downsell, renew, cancel, and billing.

What is NetSuite Subscription Management?

NetSuite Subscription Management includes types, pricing, terms, intervals, charge types, charge frequencies, rating, usage, create, activate, modify, upsell, suspend, reactivate, extend, renew, terminate, billing, and payment processing.

What is NetSuite Inventory Management?

NetSuite Inventory Management includes advanced inventory management, and demand planning. Inventory management pages include Order Items, Mass Create Work Orders, Replenish Location By Transfer Order, and Replenish Location By Inventory Transfer.

What is NetSuite Supply Chain Management?

NetSuite Supply Chain Management includes material planning, supply planning, demand planning, purchasing, receiving, transferring, selling, picking, building, packing, distributing, route delivering, shipping, and returning.

What are NetSuite Drop Shipments and Special Orders?

NetSuite Drop Shipments and Special Orders include vendors, inventory commitment, shipping, transactions validations, transactions synchronization, transactions statuses, and transactions general ledger cost/expense impact.

What is NetSuite Manufacturing?

NetSuite Manufacturing includes discrete, process, assembly items, bill of materials, components, revisions, engineering change orders, subassemblies, phantom, work-in-progress (WIP), backflush, routing, charge items, work centers, work calendars, work orders, planned capacity, planned orders, cost categories, direct costs, overhead costs, cost templates, operation tasks, task scheduler, traveler, quality management, outsourced manufacturing, and costing.

What is NetSuite Warehouse Management?

NetSuite Warehouse Management includes areas, items, packaging, units of measure, inventory statuses, order types, auto-generate IDs, strategies, inbound transactions, inventory transactions, outbound transactions, tasks, bar codes, and printing.

What is NetSuite Distribution?

NetSuite Distribution includes distribution categories, distribution networks, bills of distribution, lead time, safety time, item records, transfer supply type, supply plans, and network transfers.

What are NetSuite Store Locations?

NetSuite Store Locations include fulfillment requests, and pickup.

What is NetSuite Point of Sale (POS)?

NetSuite Point of Sale includes SuiteCommerce InStore (SCIS) web-based point of sale application, and NetSuite Point of Sale (NSPOS) in-store cash register component of point of sale.

What are NetSuite Websites and Ecommerce?

NetSuite Websites and Ecommerce for business to business and business to consumer include navigation, search, information, shopping, shopping cart, registration, checkout, tax, shipping, payment, review, and my account.

What are NetSuite Transaction Type Groups?

NetSuite Transaction Type Groups include employees, sales pipeline, payroll, commissions, purchases, payables, inventory, manufacturing, order management, sales, billing, customers, fixed assets, bank, and financial.

What is NetSuite Intercompany Management?

NetSuite Intercompany Management includes subsidiaries, representing entities, transactions, netting, and elimination.

What are NetSuite Intercompany Transactions?

NetSuite Intercompany Transactions include arm’s length, non-arm’s length, time, expense, purchasing, receiving, billing, transferring, selling, fulfilling, drop ship, invoicing, returning, crediting, and cross charges.

What are NetSuite Approvals?

NetSuite Approvals routing can be hierarchical approval chain, or custom approval chain based on non-sequential approval process and conditionalized routing for record approvals including employee expense report, vendor purchase requisition, vendor purchase order, vendor blanket purchase order, vendor purchase contract, vendor prepayment, vendor bill, vendor bill payment, customer sales order, customer invoice, customer revenue arrangement, journal entry, project resource allocation, project time, item engineering change order, and item order reservation.

What is NetSuite Order Management?

NetSuite Order Management includes automatic location assignment, fulfillment, fulfillment requests, store pickup fulfillment, static route management, multiple shipping routes, shipping, and customer returns.

What is NetSuite EDI Documents?

NetSuite EDI Documents includes the mapping of NetSuite record types (vendor, vendor address, customer, customer address, purchase order, sales order, item receipt, item fulfillment, shipping label, invoice, customer payment, credit memo) to EDI documents (816 Organizational Relationships, 850 Purchase Order, 855 Purchase Order Acknowledgement, 940 Warehouse Shipping Order, 945 Warehouse Shipping Advice, 856 Advance Shipping Notice, UCC-128 Barcode Ship Label, 810 Invoice, 820 Remittance, 812 Credit/Debit Adjustment).

What is NetSuite Customer Billing?

NetSuite Customer Billing includes cash sales, invoices, statement charges, electronic invoicing, billing schedules, recurring billing, contract billing, subscription billing, billing operations, and scheduled billing operations.

What is NetSuite Vendor Payments?

NetSuite Vendor Payments includes vendor prepayment, bill payment, in-transit payment, bill credit, and payment installments. Bill credit can be used in vendor deposit workflow, or vendor refund workflow.

What is NetSuite Payment Processing?

NetSuite Payment Processing includes inbound, outbound, cash, gift certificates, checks, credit cards, purchase cards, payment card tokens, general tokens, ACH, EFT, direct deposits, PayPal, wire transfers, Zelle, SEPA credit transfers, SEPA direct debit transfers, and electronic bank payments (bank files).

What are NetSuite Collections and Dunning?

NetSuite Collections and Dunning includes finance charges, entity groups, templates, and mail merges. NetSuite dunning including customers, invoices, invoice groups, evaluation workflows, procedures, procedures priority order, levels, level rules, selection criteria, recipients, delivery methods, templates, email templates, PDF templates, email sending queue, PDF printing queue, pausing, pause reasons, resuming, resending, and evaluation results.

What is NetSuite Banking?

NetSuite Banking includes transfers, deposits, financial institution data imports, bank reconciliation, credit card reconciliation, and corporate card expense reconciliation.

What is NetSuite File Cabinet?

NetSuite File Cabinet includes folders, files, document publishing, and restrictions.

What are NetSuite Internal Controls and Compliance?

NetSuite Internal Controls and Compliance includes approvals, Sarbanes-Oxley (SOX), segregation of duties, change management, and audit reports.

What are NetSuite Analytics?

NetSuite Analytics includes searches, reports, workbooks, key performance indicator scorecards, dashboards, summary types, when ordered by field, functions, formulas, SQL expressions, comparative calculated measures, and SuiteAnalytics Connect.

For assistance…

If you believe your company or organization can benefit from NetSuite Functional Subject Matter Expert (SME), we invite you to contact our NetSuite Functional SME consulting company. Our NetSuite Functional SME consultants are certified & authorized, skilled, and experienced for more than 24 years.