75%
Reduction in manual errors during transaction recording
95%
User satisfaction with the simplified transaction management interface
30+
Hours saved monthly on transaction management and reporting
About
Client
Business
Expanding Transaction Needs
As the client’s business operations grew, managing various transaction types manually became cumbersome and inefficient.
Requirement for Customization
The client needed a solution to create and manage custom transaction types in NetSuite to streamline transaction processing.
Operational Efficiency
The goal was to automate and customize transactions without affecting the general ledger, ensuring ease of use and enhanced data control.
Our Solution
We implemented NetSuite’s Custom Transactions functionality to meet the client’s requirements:
Custom Transaction Design
Developed custom transaction types such as Basic, Journal, Header Only, Sales, and Purchase, each tailored to specific business needs and accounting practices.
Navigation and Setup
Enabled custom transaction types by configuring them through Customization > Lists, Records & Fields > Transaction Types, allowing for varied list styles to impact the general ledger as needed.
Custom Form Creation
Created and customized forms for each transaction type, ensuring accurate data entry and management aligned with business processes.
Linking and Access
Developed links and menu routes to facilitate easy access to custom transaction types, enhancing user navigation and integration with existing systems.
Challenges
Several challenges were addressed to ensure effective implementation:
Designing Custom Transactions
Creating transaction types that align with the client’s specific accounting and operational needs without disrupting existing systems.
Accurate Data Management
Ensuring that custom transactions are correctly integrated and displayed in the general ledger, while avoiding manual errors.
User-Friendly Integration
Developing an intuitive interface for accessing and managing custom transactions, ensuring ease of use and efficiency.
Results
The Custom Transactions solution provided significant improvements for the client:
Enhanced Efficiency
Customized transaction types streamlined transaction processing and data management, reducing manual intervention.
Improved Data Control
Custom forms and types ensured accurate and efficient transaction tracking and reporting.
Optimized Workflow
Simplified transaction handling and integration improved overall operational efficiency.
Tailored Solutions
Custom transactions met specific business needs, supporting diverse accounting and operational requirements.
