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How to Design a Scalable Chart of Accounts
One of the first tasks when implementing a new accounting software is designing a new chart of accounts (COA).  Some of you accounting professionals out there might see this as a great and exciting opportunity to revamp that messy, outdated and unstructured COA you are stuck with. However, to others, this could be a daunting task and you might not know where to begin. Regardless of which category you fall into, designing a COA is no small task. It requires a certain amount of forethought and a lot of effort to design and engineer a scalable COA. In this blog, I hope to give you some tips and advice that will help you get started. 1. Best Practices A best practices COA should use standard accounting principles and incorporate items specific to your business. The order of your accounts should align with your financial statements.  It should order by account type and […]
7 Game Changing Trends: Why It's Time to Move to Online Accounting Software
Within the past few years, technology has brought us extraordinary changes. The Internet has matured, our mobile devices never leave our side, and cloud-based solutions have changed the way we do business. These fundamental changes are now developing new trends and further impacting your business.The great news is that the tools that allow you to capitalize on these trends are now easier to access, extremely powerful, and more affordable than ever. A few years ago, comprehensive business management solutions were only available to enterprise companies with large IT budgets, but now it is within reach of every business regardless of size. Download Accounting software is now also labeled as Enterprise Resource Planning (ERP), to reflect more core solution capabilities that can manage supply chain, operations, reporting, and HR. And ERP solutions allow you to integrate with other productivity tools used in your day-to-day business operations. We’ve written a white paper with the small and midsize […]
FMT Consultants Named to the Bob Scott’s Insights Top 100 VARs for 2014
Southern California Microsoft, NetSuite, and SAP Value Added Reseller listed among the top providers of Enterprise Resource Planning and accounting software solutions and implementation services. San Diego, CA, July 10th, 2014 - FMT Consultants, a leading San Diego and Los Angeles based Value Added Reseller (VAR) of Microsoft, NetSuite, and SAP solutions, has been named to the Bob Scott’s Insights Top 100 VARs for 2014. The Top 100 resellers are chosen from organizations specializing in the sale and implementation of Enterprise Resource Planning (ERP) and accounting software. Since 1995, FMT Consultants has been partnering with emerging to mid-sized companies to increase profitability through innovative and efficient use of technology solutions. FMT Consultants leverages the expertise of 50+ passionate technology experts and a wide array of cloud-based and on-premises ERP and accounting software solutions including Microsoft Dynamics GP, SAP Business ByDesign and NetSuite. “At FMT we’re experiencing tremendous growth. Our revenue […]
Creating Google Map Custom Portlets in NetSuite – a How-to Guide
I am sure everybody appreciates NetSuite’s Dashboards and its flexibility in relation to custom reports and other business-related key performance indicators (KPIs). However, sometimes out-of-the-box functionality and numerous standard and custom KPIs in NetSuite are not enough. Frequently, there is a need to source external company information and feed it directly into NetSuite’s Dashboard, or perhaps create custom functionality that NetSuite does not offer out-of-the-box. In order to bridge this gap, NetSuite gives us ‘Custom Portlets’ which are custom SuiteScript scripts that can be deployed directly on NetSuite’s Dashboard. There are 4 different types of custom portlet scripts: List: A list of user-defined column headers and rows. (i.e.: custom Saved Search result portlet) Form: A basic data entry form which when submitted can create / modify records in NetSuite, HTML: A HTML-based portlet - the most flexible presentation format used to display free-form HTML (images, Flash, custom HTML). Links: This […]
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