Last Updated : 20 Jan 2025

NetSuite: Financial Management Course Overview

The NetSuite Financial Management course provides comprehensive NetSuite financial management training designed to equip learners with the skills needed to manage their company's finances effectively using Oracle NetSuite's robust platform. The course is divided into two modules:

Module 1 focuses on foundational elements of financial management within NetSuite, including setting up Subsidiaries, Classifications, and the Chart of Accounts, managing Accounts Receivable and Accounts Payable, understanding Billing Schedules, and mastering Banking and Payment Processing.

Module 2 delves into more advanced topics such as creating and working with Journal Entries, managing Budgets, conducting Expense Allocations, interpreting Financial Reports and Standard KPIs, and guiding learners through Period and Year-End Close processes. Additionally, the course teaches how to leverage NetSuite's Smart Dashboards for real-time financial insights.

This course is ideal for professionals seeking to enhance their expertise in financial management using Oracle NetSuite Financial Management solutions, ensuring efficient and accurate financial operations within their organizations.

5.0

Successfully delivered 30 sessions for over 35 professionals

Beginner

Purchase This Course

USD

1,275^♱

View Fees Breakdown

Course Fee	1,275
Total Fees	1,275 (USD)

USD

975^♱

View Fees Breakdown

Course Fee	975
Total Fees	975 (USD)

USD

^♱

View Fees Breakdown

Flexi Video	16,449
Official E-coursebook
Exam Voucher (optional)
Hands-On-Labs²	4,159
+ GST 18%	4,259
Total Fees (without exam & Labs)	22,359 (INR)
Total Fees (with Labs)	28,359 (INR)

Fee On Request

Live Training (Duration : 16 Hours)
Per Participant
Guaranteed-to-Run (GTR)
Classroom Training fee on request

4 Hours

Week Days

8 Hours

Weekends

Select Date
CST(united states)

Select Time

Day	Time
to	to

♱ Excluding VAT/GST

You can request classroom training in any city on any date by Requesting More Information

Inclusions in Koenig's Learning Stack may vary as per policies of OEMs

Happiness Guaranteed

Live Training (Duration : 16 Hours)
Per Participant
Classroom Training fee on request

Koeing Learning Stack

Koenig Learning Stack

Free Pre-requisite Training

Join a free session to assess your readiness for the course. This session will help you understand the course structure and evaluate your current knowledge level to start with confidence.

Assessments (Qubits)

Take assessments to measure your progress clearly. Koenig's Qubits assessments identify your strengths and areas for improvement, helping you focus effectively on your learning goals.

Post Training Reports

Receive comprehensive post-training reports summarizing your performance. These reports offer clear feedback and recommendations to help you confidently take the next steps in your learning journey.

Class Recordings

Get access to class recordings anytime. These recordings let you revisit key concepts and ensure you never miss important details, supporting your learning even after class ends.

Free Lab Extensions

Extend your lab time at no extra cost. With free lab extensions, you get additional practice to sharpen your skills, ensuring thorough understanding and mastery of practical tasks.

Free Revision Classes

Join our free revision classes to reinforce your learning. These classes revisit important topics, clarify doubts, and help solidify your understanding for better training outcomes.

Inclusions in Koenig's Learning Stack may vary as per policies of OEMs

Scroll to view more course dates

♱ Excluding VAT/GST

You can request classroom training in any city on any date by Requesting More Information

Inclusions in Koenig's Learning Stack may vary as per policies of OEMs

Happiness Guaranteed

Can't Attend Live Online Classes? Choose Flexi- A self paced learning option

Request More Information

Email: WhatsApp:

Koenig's Unique Offerings

1-on-1 Training

Schedule personalized sessions based upon your availability.

Learn More

Customized Training

Learning without limits. Create custom courses that fit your exact needs, from blended topics to brand-new content.

Learn More

Happiness Guaranteed

Experience exceptional training with the confidence of our Happiness Guarantee, ensuring your satisfaction or a full refund.

Learn More

Destination Training

Immerse yourself in a focused learning environment, free from distractions, where you can sharpen your skills in popular global destinations.

Learn More

Fly-Me-A-Trainer (FMAT)

Flexible on-site learning for larger groups. Fly an expert to your location anywhere in the world.

Learn More

1-on-1 Training

Schedule personalized sessions based upon your availability.

Learn More

Customized Training

Learning without limits. Create custom courses that fit your exact needs, from blended topics to brand-new content.

Learn More

Happiness Guaranteed

Experience exceptional training with the confidence of our Happiness Guarantee, ensuring your satisfaction or a full refund.

Learn More

Destination Training

Immerse yourself in a focused learning environment, free from distractions, where you can sharpen your skills in popular global destinations.

Learn More

Fly-Me-A-Trainer (FMAT)

Flexible on-site learning for larger groups. Fly an expert to your location anywhere in the world.

Learn More

Download Course Contents

Course Prerequisites

To ensure that you have a productive learning experience in the NetSuite: Financial Management course, certain prerequisites are recommended. These will help you understand the course material and apply the concepts effectively. Here are the minimum required prerequisites for successfully undertaking this training:

Basic understanding of accounting principles and financial operations within a business
Familiarity with general business processes, such as accounts receivable, accounts payable, and general ledger functionality
Experience with using computer software and navigating through applications
Ability to use a web browser and basic internet navigation skills
Some prior exposure to ERP (Enterprise Resource Planning) systems can be beneficial but is not mandatory
Willingness to learn new software and adapt to NetSuite's interface and functionalities

Please note that while these prerequisites are aimed at ensuring a smooth learning curve, our instructors are dedicated to assisting all participants in understanding and mastering the course content, regardless of their initial skill level.

Exam-Format Table

Exam Component	Details
Exam Name	NetSuite: Financial Management Certification
Exam Type	Multiple Choice Questions (MCQs)
Total Questions	Not officially specified
Passing Score	60% or higher
Exam Duration	120 minutes
Language	English
Exam Provider	Oracle
Exam Registration	Through Oracle's official certification website or authorized testing centers
Certification Validity	Does not expire but subject to updates as per new NetSuite releases
Recommended Training	NetSuite Financial Management Training Course and hands-on practice

Target Audience for NetSuite: Financial Management

The NetSuite: Financial Management course is designed for professionals seeking advanced financial process mastery within NetSuite.

Finance Managers
Accountants
Financial Analysts
NetSuite Administrators
CFOs
Controllers
Business Analysts specializing in finance
ERP Consultants
IT Professionals who support financial systems
Project Managers involved in financial system migrations or upgrades
Operations Managers with a financial focus
Compliance Officers dealing with financial reporting
Financial Auditors and Consultants

Learning Objectives - What you will Learn in this NetSuite: Financial Management?

Introduction to Course Learning Outcomes:

Gain a comprehensive understanding of NetSuite's financial capabilities, from managing subsidiaries to creating smart dashboards, ensuring efficient financial operations and reporting.

Learning Objectives and Outcomes:

Understand Subsidiary Management: Learn how to create and manage subsidiaries, ensuring proper segmentation and reporting across multiple locations or business units.
Chart of Accounts Mastery: Develop skills to create and maintain a Chart of Accounts, crucial for accurate financial tracking and reporting.
Accounts Receivable Proficiency: Acquire the ability to manage customer financial transactions, including invoicing and payment collection within NetSuite.
Billing Schedules Expertise: Learn to set up and manage recurring billing schedules, improving the accuracy of revenue recognition and cash flow forecasts.
Accounts Payable Optimization: Gain knowledge in managing vendor bills and payments, ensuring timely expenses recording and payment processing.
Banking and Payment Efficiency: Understand how to reconcile bank statements and process payments, enhancing financial accuracy and reducing manual errors.
Journal Entries and Adjustments: Master the creation and posting of journal entries for maintaining accurate financial records.
Budgeting and Forecasting: Learn to create and manage budgets within NetSuite, empowering businesses to plan and forecast financial performance.
Expense Allocation Techniques: Discover how to allocate expenses across departments, projects, or locations, ensuring precise cost management.
Financial Reports and KPI Analysis: Develop the ability to generate and interpret financial reports and standard KPIs to make informed business decisions.
Period and Year-End Close Processes: Understand the steps necessary for accurate period and year-end closing, ensuring compliance and readiness for audits.
Smart Dashboards Creation: Learn to customize smart dashboards for real-time financial insights, enhancing decision-making for stakeholders.