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QuickBooks to NetSuite Migration Implementation

Migrating from QuickBooks to NetSuite marks a significant milestone in a company’s growth. What starts as a simple accounting setup in QuickBooks often becomes too limited as a business expands—requiring multiple entities, complex financial reporting, inventory management, and automation that go beyond basic bookkeeping.

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The Best Place to Find NetSuite ERP and SuiteCommerce Apps!

Anchor Group, other firms, and independent developers have started to list some of their features on SuiteMarkets. It's a free location for any NetSuite solution to be marketed. The purpose of SuiteMarkets is to unite the NetSuite and SuiteCommerce developer community to bring awareness to the potential of NetSuite, provide pre-built solutions, or to connect NetSuite customers with developers who have made a solution that is similar to what is needed.

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Understanding NetSuite Certifications

According to Oracle NetSuite, when an individual passes the NetSuite Financial User Exam, this confirms that the individual has the foundational knowledge necessary to navigate around the NetSuite system and understand core NetSuite accounting and finance functionality. Individuals who pass the NetSuite Financial User Exam are not permanently certified. There are steps an individual needs to take in order to maintain their NetSuite Certified status, which are outlined in the NetSuite Certification Policy available on the NetSuite Certification webpage.

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Prepping Your ERP for SOX: Lessons from Unicorns

SOX compliance for NetSuite starts with a two-tiered review of your systems and controls. First is the ‘Management’ audit: Section 404(a). 404(a) is an annual evaluation of a company’s internal controls over financial reporting (ICOFR). It should involve a thorough review and risk assessment of your processes around financial data and financial reporting. The goal is to identify where controls are needed to mitigate risk. If that wasn’t fun enough, 404(a) is only the precursor to the full external audit required by Section 404(b). This is where your external auditors will come in and ask: have the risks identified in Section 404(a) been mitigated? Have any risks been overlooked?

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