The difference between your gross revenue and your net revenue is equal to your company’s expenses. These include the direct cost of goods sold (COGS) — the costs that can be allocated directly to particular units or product lines — as well as other variable expenses and fixed costs (ove...
While NetSuite and Salesforce.com, the two pioneers in SaaS ERP and CRM respectively, got their start around the same time, CRM systems were quicker to move to the cloud because the systems proved simpler to build and businesses were initially wary of putting financial data in the cloud. Do...
For details, see Net Amount Ratio and Net Contract Asset or Liability per Element. The following example shows the difference between element level and arrangement level unbilled receivable adjustments. Example Scenario The accounts receivable specialist creates a sales order with four different items,...
NetSuite’s Enterprise Resource Planning (ERP) is a cloud-based system that automates core business processes and provides real-time visibility into operational and financial performance. With a single, integrated suite of applications for managing accounting, order processing, inventory management, produ...
What is the difference between ERP vs CRM systems? Read our informative guide now to help you understand which is best for your business.
NetSuite Restlet development can be hard; finding documentation is almost next to impossible. I've finally had a personal break through of: What is the difference betweennlapiCreateRecordandnlapiTransformRecord? This article assumes that you have some NetSuite experience and have created a NetSuit...
The difference between a payee and a payer lies in their roles within a financial transaction. The payee is the recipient of funds, receiving payment for goods or services rendered.
Taxable net interest income is the difference between what you owe and what you’ve paid in interest. To get this number, you need to consider how much a business receives interest and how much it pays off through the net interest margin formula. Operating income is the company’s earning ...
What’s the Relationship Between Accounts Payable and Accounts Receivable? Accounts payable and accounts receivable are two sides of the same coin. How much do you owe, and how much is owed to you? This information helps youunderstand the financial strength of your businessand put in placepra...
This article outlines the differences between inventory control and inventory management, as well as how they work together. It also covers features to consider when looking for an inventory system for your business. Inventory Management vs. Inventory Control Inventory management and inven...