What is NetSuite Advanced Financials?
- NetSuite Advanced Financials brings enhanced financial management capabilities to NetSuite, including advanced budgeting, automated expense allocations, amortization management, and statistical accounts.
It extends core NetSuite with the planning and automation tools finance teams need to move from tactical data entry to strategic financial management.
Advanced Financials eliminates manual allocation processes, streamlines budget vs. actual reporting, and reduces time-consuming financial data entry.
NetSuite Advanced Financials Features
Configure allocation rules once and apply them automatically each period. No more manual allocation journals or spreadsheet calculations.
Build departmental and company-wide budgets with modeling capabilities, approval workflows, and rolling forecasts. Replace Excel with integrated planning.
Automate amortization for prepaid expenses, deferred revenue, and other items. Set schedules once and let the system handle monthly posting.
Track non-financial metrics like headcount, square footage, or units for allocation bases and operational reporting
Real-time comparison of budgets against actuals with variance analysis. See where you're over or under without building reports manually.
Set up journal entries to post automatically each period. Eliminate repetitive manual data entry for standard month-end journals.
Report across departments, locations, classes, and custom segments. Get the financial visibility your business needs without workarounds.
Build complex allocation logic based on percentages, drivers, or formulas. Handle intercompany allocations, overhead distribution, and shared service costs.
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How Much Does NetSuite Advanced Financials Cost?
- Advanced Financials pricing varies based on your company size and complexity.
But here's what most companies miss: the real cost isn't the license fee.
It's the time your finance team spends on manual allocations, building budgets in Excel, and fixing allocation errors every month-end.
Why Choose Stockton10?
Challenges NetSuite Advanced Financials Solves
- Manual expense allocations every month
- Limited budgeting tools in core NetSuite
- Inaccurate budget vs. actual reporting
- Time-consuming financial data entry
- No way to track non-financial metrics
- Complex allocation logic can't be built
Hear it from your peers
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NetSuite Advanced Financials FAQs
Budgeting, expense allocations, amortization schedules, and statistical accounts. It's the financial planning and automation layer that sits on top of core NetSuite.
You need it if you're doing monthly allocations manually, building budgets outside NetSuite, tracking amortization in spreadsheets, or need multi-dimensional financial reporting beyond what core NetSuite provides.
Yes. We handle configuration, optimization, and ongoing support to ensure allocation rules stay accurate, budgeting workflows get adopted, and the module delivers the automation you're paying for.
If your team is manually allocating expenses every month or building budgets in Excel, yes. It typically pays for itself when manual financial processes start taking too much time.
Setup involves configuring allocation rules, building budget hierarchies, setting up amortization schedules, and creating statistical accounts. Most companies need help getting the configuration right and ensuring finance teams actually adopt the new workflows.
Are You Actually Using Advanced Financials?
Are You Actually Using Advanced Financials?
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