Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Keep an eye out for upcoming NetSuite events, including meetups, workshops, and webinars. These sessions are a great way to connect with peers, learn from experts, and stay current on the latest NetSuite updates and best practices. Registration links are provided in each event.
Save $30 - limited to first 1,000 registrants
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
What is the implication on RE when Financial Year Start Date is changed?
Hi There
I have the following scenerio:
I have an account that went live on 1st April 2023
The financial year for this account begins in Jul
That means when the closing balances from the legacy system were brought into Netsuite, as at 31 March 203, this was 9 months into the 2022/2023 financial year.
Now, this account has had a change in financial year start date.
I have adjusted the accounting period set up to reflect the new financial year structure (i.e. financial year beginning in April instead of Jul)
Are there any implications of doing this on the retained earnings figure in Netsuite?
0