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Blog

Mar
22
 The Lease Accounting feature is introduced in the NetSuite Fixed Assets Management SuiteApp to comply with the IFRS 16 and ASC 842 standards for lease. This standard requires lessees to recognize...
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Mar
22
Multi-Book Accounting provides the ability to maintain multiple sets of accounting records based on a single set of real-time financial transactions. This enables businesses to support different...
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Dec
21
NetSuite Feature: Balancing Segments and Journals   In NetSuite, accounting entries are always balanced for the company (subsidiary). For each entry, debits equal credits. Some organizations also...
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