Tag's team of NetSuite experts offers comprehensive services, from implementation to ongoing support, focusing on NetSuite Multi-Book, which enables finance departments to manage multiple accounting standards efficiently. This solution simplifies the financial close process, enhances compliance, and provides real-time financials by allowing transactions to be entered once and posted across all books automatically. As regulations change, businesses can customize their processes without extensive IT support, ensuring compliance and effective financial management.

1. TAG’s team of NetSuite experts have experience in NetSuite implementation,
training, development and NetSuite enhancements. TAG will be your NetSuite
partner from initial project planning through go-live and beyond.
NetSuite Multi-Book provides powerful capabilities that help companies achieve these benefits:
Optimize the financial close process | Ongoing compliance | Real-time visibility | Effective
financial management
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2. NetSuite Multi-Book is the latest ERP solution to help finance departments comply with
multiple accounting standards efficiently while running their businesses.
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3. As small and mid-sized companies
start selling abroad and as larger
companies penetrate faster in
emerging markets, investors,
bankers, shareholders and others of
financial statements will require
reports issued in accordance with
different accounting standards.
NetSuite Multi-Book will enable
accounting departments to manage
multiple sets of books in parallel to
issue financial statements in
accordance with multiple accounting
standards anywhere in the world.
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4. Using a powerful rule-driven engine,
a new transaction (such as a sales
order) only needs to be entered once
for NetSuite Multi-Book to post
activity to all books. As a result,
NetSuite Multi-Book optimizes your
close process by eliminating data
entry replication, reducing error-prone
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adjustments from managing
multiple sets of books and providing
real-time financials for any book,
anytime.
With a single cloud system, anyone
can log in once from any browser
and your data will always be there.

5. Upon implementation by professional
services, NetSuite Multi-Book can be
owned by finance professionals without
requiring major IT support. For instance,
revenue recognition schedules are book
specific and can be tailored to comply with
different country and industry-specific
accounting rules, without having to do any
programming.
In this example after an invoice is created,
NetSuite Multi-Book will automatically
know when and how much
revenue to recognize based on the
accounting standard being followed. And
whether it’s revenue or expense-related,
create the transaction once and let NetSuite
Multi-Book post the activity across your
books automatically.
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6. teamtag.net
Unlike situations where reporting
adjustments have to be made
manually at period-end to produce
financial statements in multiple
accounting standards, a process
requiring lots of time and effort,
NetSuite Multi-Book eliminates that
headache by delivering real-time
financials on demand, quickly and
easily for all of your books.

7. As accounting regulations change, new
processes may need to be created and
existing ones may need to be updated.
Whether you need to add a new field on a
form, create a new record or workflow,
customize and automate your business
processes using SuiteCloud so that your
financial operations will help you remain
in compliance with accounting
regulations, especially as they change.
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8. Thank you for your interest in
NetSuite Multi-Book Accounting
TAG’s team of NetSuite experts have experience in NetSuite implementation,
training, development and NetSuite enhancements. TAG will be your NetSuite
partner from initial project planning through go-live and beyond.
teamtag.net