Learning NetSuite Accounting & Procurement Fundamental Tutorial P 1

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Free Download NetSuite Accounting & Procurement Fundamental Tutorial P 1
Published 11/2025
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 2h 47m | Size: 3.11 GB
Master Accounting Processes, P2P Cycle, Vendor Returns, AP Handling & Purchasing Controls

What you'll learn
How to post standard journal entries and intercompany journal entries to adjust ledger accounts?
You will gain the skills to set up fiscal calendars and manage accounting periods
How to configure and set up budgets, allocate budget amounts across periods, and track actual spending against budgeted amounts
How to manage tax types and the tax setup process within NetSuite, including how taxes impact landed costs
Requirements
Basic understanding of accounting (Journal, Ledger, Trial Balance)
Familiarity with procurement terms (PO, Invoice, Vendor)
Interest in ERP systems & business workflows
Computer and internet access to follow the demonstrations
Description
This course provides a comprehensive & hands-on understanding of core financial and procurement modules. You will learn how accounting periods, journal entries, budgets, taxation, master records, vendor management, purchasing workflows, and accounts payable processes operate inside.Module 1: Core Accounting FundamentalsOverview of Journal Entries, Accounting Periods, Budgets, Chart of Accounts & Currency Exchange RatesPassing Journal Entries, Trial Balance & Balance Sheet ImpactSetting Up Fiscal Calendar, Managing Accounting Periods & Budget ConfigurationModule 2: Tax & ComplianceTaxation: Tax Management & Configuration SetupModule 3: Master Data ManagementMaster Records - Subsidiary, Employee, Vendor & Customer (Part 1)Master Records - Subsidiary, Employee, Vendor & Customer (Part 2)Through real-system Walk-through, you will understand practical business scenarios such as three-way match, vendor returns, prepayments, bill variance, and multi-vendor setups. This training is designed to help learners build confidence in navigation and performing end-to-end financial and procurement tasks with accuracy and efficiency.By the end of this course, you will be able to:Mastering Navigation financial modules and configure accounting periods, budgets, and COA.Record journal entries, review trial balances, and understand the financial impacts within environment.Execute full Procurement-to-Payment (P2P) cycle including vendor bills, returns, payments, and reconciliations.Manage vendors, master records, purchase contracts, multi-vendor setups, and AP reporting.Handle taxation setup, vendor credits, bill cancellations, and advanced AP scenarios like prepayments and bill variance.
Who this course is for
Finance & Accounting professionals
ERP Functional Consultants
NetSuite beginners and intermediate users
Procurement and AP executives
Students or professionals preparing for ERP/NetSuite roles
Homepage

https://www.udemy.com/course/netsuite-accounting-procurement-fundamental-tutorial-p-1/

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