NetSuite Multi-Book Accounting:
Oracle NetSuite Multi-Book Accounting, provides you with all the tools you need to book specific charts of accounts, general ledger, accounting rules, and financial reporting. This module also gives your team the ability to easily and clearly demonstrate the impact of new accounting rules, tax laws, and other changes to stakeholders.
A Unified Accounting Solution
The NetSuite Multi-Book Accounting module is built to help you manage financials across your company. Comprehensive reporting and analysis, along with before and after reports help you improve your communication with stakeholders regarding the specifics of the company's financial state. The availability of real-time visibility allows you to see accurate summaries of financials for any book at all times.
Easy Management of Complicated Processes
NetSuite Multi-Book Accounting is fully equipped with an automated accounting rule-driven engine and subsidiary-book relationship mapping capabilities. Concurrent posting to books combined with pre-built mapping of one transaction to multiple books allows you to assign fixed assets to multiple books with different currencies and depreciation methods. Built-in tools for ongoing compliance help you make the necessary customizations in your accounting process, while foreign currency management makes accounting easier than ever for global companies.