NetSuite is currently in the process of rolling out the 2023.1 Release and to get the most out of your release, here is a 2023.1 Release Preview Guide and the NetSuite 2023.1 Release Notes that summarizes the changes between 2023.1 and the previous release.
Some of the highlights of the new release include:
- Accounting – Advanced Revenue Management period close checklist task enhancement, enhancements to carve in/carve out adjustment journal entries, expense committments and budget validantion enhancements, Brazil localization, country-specific reports hierarchical view of accounts, indirect cost allocation for Grants SuiteApp, country specific address forms enhancement
- Account Setup and Maintenance – personal information removal enhancement for addresses, storage info tab removed from Account Center, rescheduling support for sandbox upgrades and development account moves to OCI, subscribe to a specific data center from the NetSuite status page, scheduled scripts no longer run automatically in sandbox after a refresh.
- Authentication – end of support for HMAC-SHA1 signature method for TBA, end of support for new SMS/Voice Call setup for two-factor authentication (2FA).
- Inventory Management – enhancements to Warehouse Management, SCM mobile, smart count, Item 360 Dashboard.
- Manufacturing – mobile stand alone assembly build reporting.
Many more enhancements to:
- Order Management
- Projects
- SuiteAnalytics
- SuiteApp Distribution
- SuiteBuilder – Customization
- SuiteCloud SDK
- SuiteScript
- SuiteTalk Web Services Integration
- Taxation
- User Interface
- Commerce
- SuiteApps
Contact the GYF ERP Solutions Group to learn more about this new release or any of the other NetSuite ERP solutions.