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NetSuite: Financial Management Course Overview

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.

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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 ComponentDetails
Exam NameNetSuite: Financial Management Certification
Exam TypeMultiple Choice Questions (MCQs)
Total QuestionsNot officially specified
Passing Score60% or higher
Exam Duration120 minutes
LanguageEnglish
Exam ProviderOracle
Exam RegistrationThrough Oracle's official certification website or authorized testing centers
Certification ValidityDoes not expire but subject to updates as per new NetSuite releases
Recommended TrainingNetSuite 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.

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