The end of the year is fast approaching, and for many businesses that means a mad dash to close deals and review financials before the new year begins. If your financials are all in manual spreadsheets, that can make the end of the year stressful (as though the holidays didn’t do that well enough on their own!). Searching through spreadsheets for the right line items, sending big bulky documents over email (if they are even small enough to be sent) and relying on employees to do their calculations correctly can drive up the blood pressure of even the most laid back business owner.
Luckily, there is a solution. By using Netsuite to track your sales & expenses throughout the year, your end of year can be stress free. Netsuite’s granular controls allows you to run reports on anything you need to look at, from a high-level view of your business to a super-specific view of how a particular item sold throughout the year. Besides the super simple report system, Netsuite can do your calculations for you, removing the worry about human error. By keeping your financials in Netsuite rather than manual spreadsheets, you can remove the stress from the end of year in your business.
You’re still on your own for the holidays, though!
By: Kaitlan Williams