NetSuite Small Business

A web-based accounting software system designed by NetSuite for startups and small organizations.

About NetSuite Small Business

Oracle NetSuite Small Business enables companies to manage accounting and payroll, customer relationship management, sales and marketing, employee productivity and web presence operations on one integrated platform for true inter-departmental collaboration and productivity.

No more re-entering data in multiple systems and no more inconsistent data in different departments. In addition to avoiding the cost of purchasing expensive applications for each department, NetSuite Small Business is a secure, Web-based hosted solution so there is no software to install, no hardware to purchase and no ongoing maintenance, upgrades or system troubleshooting - this is taken care of at NetSuiteā€™s data center with their team of IT professionals.

Accounts Payable

Features Include:

  • Unlimited number of vendors
  • Allows multiple A/P accounts
  • Add vendors on the fly
  • Tracks vendor purchases and payments
  • Tracks bills and generates automatic payments for approval
  • Calculates and generates sales tax payments
  • Memorize and schedule and unlimited number of transactions
  • Write and print checks

Accounts Receivable

Features Include:

  • Allows multiple A/R accounts
  • Create customer/sub-customer hierarchies
  • Allows unlimited number of customers
  • Add customers on the fly
  • Add multiple billing and shipping addresses for all records
  • Allows drill-down to transaction detail from register
  • Tracks and prints customer estimates/quotes
  • Definable default account settings to save time and reduce errors when creating items
  • Consolidated invoices can be created for multiple jobs for the same customer
  • Automatically calculates sales tax
  • Automatically approves and processes credit card transactions online
  • Customers can pay invoices using Electronic Funds Transfer (EFT)
  • Automatically calculates finance charges
  • Allows customized aging and payment terms
  • Customizable cash sale, refund, and estimate formats
  • Tracks customer receipts and deposits
  • Manages un-deposited cash sales
  • Automatically create credit memos and refunds
  • Generates monthly customer statements
  • Allows customer read-only access to view transaction history and make payments on open invoices


Features Include:

  • Unlimited number of bank accounts
  • Transfer funds from one account to another
  • Make deposits
  • Reconcile bank statements

General Ledger

Features Include:

  • Unlimited number of accounts and sub-accounts
  • 21 different sample charts of accounts available
  • Customizable chart of accounts; track unlimited departments and classes
  • Optional use of G/L account numbers
  • Allows alphanumeric account numbers of up to 15 characters
  • Ability to merge accounts
  • Add accounts on the fly
  • Optional user-defined accounting periods
  • Optional separate period end close
  • Entries automatically post to General Ledger
  • Automatic recurring and reversing journal entries
  • Always maintains a complete audit trail
  • Record and track transactions in multiple currencies, define foreign currency prices for items and automatically post revaluation adjustments for open transactions

Inventory Management

Features Include:

  • Display an unlimited number of items.
  • Add inventory items on the fly.
  • Track quantity and value of inventory.
  • Use average, LIFO, or FIFO costing to calculate inventory value.
  • Track item options, such as size and color.
  • Track reorder points and quantity on order.
  • Make inventory adjustments as needed.
  • Store preferred vendors in a single, centrally managed database.
  • Track vendor part numbers.
  • Track separate prices for Web store sales.
  • Group inventory items as needed.
  • Manages kits and assemblies.
  • Track inventory in multiple warehouse locations. (This capability is available in NetSuite and NetERP only.)


Features Include:

  • Multiple invoice formats
  • Create multiple custom invoices: define layout, add company logo, and define custom fields
  • Define the order and size of fields and columns; add and delete fields and columns
  • Consolidated invoices can be created for multiple jobs for the same customer
  • Add custom fields to item records
  • Add custom fields to customer, vendor and employee records

Web Store

Customers can place orders online; orders then automatically become sales orders in the system.

Product Overview

Market Focus

Ratio of reviewers by organization size.

Industry Focus

Ratio of reviewers by sector.

Health Care
Other Industries:
  • Distribution (6%)

User Reviews of NetSuite Small Business

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