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General Ledger

part of the NetSuite Small Business product line, by NetSuite

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Features Include:

  • Unlimited number of accounts and sub-accounts
  • 21 different sample charts of accounts available
  • Customizable chart of accounts; track unlimited departments and classes
  • Optional use of G/L account numbers
  • Allows alphanumeric account numbers of up to 15 characters
  • Ability to merge accounts
  • Add accounts on the fly
  • Optional user-defined accounting periods
  • Optional separate period end close
  • Entries automatically post to General Ledger
  • Automatic recurring and reversing journal entries
  • Always maintains a complete audit trail
  • Record and track transactions in multiple currencies, define foreign currency prices for items and automatically post revaluation adjustments for open transactions

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