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New to NetSuite | Initial Bank Reconciliation after transitioning to NetSuite
When you're switching from your previous ERP system to NetSuite, it’s important to know that certain information, like past reconciliations, can't be carried over. This might sound a bit tricky, but don’t worry! Starting fresh with NetSuite is an opportunity to streamline your processes. To help make the transition as smooth as possible and avoid any confusion, we’ll guide you through these steps. By following these, you’ll be up and running in NetSuite without any problems in no time!
Start by finding the date of the last reconciliation you completed in your previous ERP system. This will be the starting balance you’ll use when setting up in NetSuite.
Ayitah Tallada | General Accounting and Asset Management
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