Optimize receivables, accelerate cash flow

What is NetSuite Accounts Receivable?

NetSuite accounts receivable (AR) enables businesses to easily and quickly generate and send invoices, define credit terms, manage collections — and gain the liquidity needed to fund growth, shorten the credit-to-cash cycle and seize new investment opportunities as they arise. With real-time visibility throughout the entire AR process, finance teams can check the status of receivables anytime, at the macro level as well as down to each individual customer and invoice.


Simplify and Automate

Automatically post order transactions to general and AR ledgers, with accurate tax calculations on each invoice, for rapid, precise tax processing and billing. NetSuite automates manual accounts receivable processes and empowers finance teams to issue digital invoices and offer multiple payment options to speed collections.


Reporting and Insights

NetSuite delivers the insights you need. Configurable dashboards, reports and KPIs provide a real-time view into customer aging, invoice analyses, recurring invoices and deferred and recognized revenue calculations, with exception reports to flag account anomalies.


Power of the Suite

Built to run your entire business, NetSuite delivers an end-to-end accounting solution, enabling cash flow and revenue management, automatic quote-to-order fulfillment and integrated planning and budgeting. Go beyond basic bookkeeping with functionality that can free finance teams from mundane tasks and reduce the need for additional headcount.

Cutting out the manual time and energy that goes into the QuickBooks system has really saved us on payroll.

Jordan DeCicco
Founder, Super Coffee

Learn How ERP Can Streamline Your Business

Free Product Tour

NetSuite Accounts Receivable Benefits


  • Gain Efficiencies. Eliminate manual processes. Automate data entry, billing and cash application processes and improve receivables reconciliations.
  • Increase Accuracy. Produce more accurate and timely financial statements with automated revenue recognition that’s compliant with domestic and international regulations.
  • Ensure Tax Compliance. Automate the application of sales and use taxes on all invoices.
  • Improve Collections. Automated dunning and collection notices reduce days sales outstanding (DSO).
  • Information at Your Fingertips. Retrieve invoice, payments and customer receivable data directly from within NetSuite.

NetSuite Accounts Receivable Features

NetSuite accounts receivable offers real-time insights and robust automation capabilities. The system is readily configurable, with AR-specific dashboards that put you in total control of your company’s AR process.

Accounts Receivable Dashboard

Role-based dashboards can be personalized with reminders and links to commonly used actions and reports. NetSuite’s “at-a-glance” format helps finance teams zero in on important information and activities to accelerate collections and minimize days sales outstanding (DSO).

NetSuite Accounts Receivable dashboard

Customer Records

Maintain accurate customer data, including contacts, transaction history, items purchased, open invoices, communications history and more. Configurable user roles and privileges enable finance teams to specify who can access accounts and modify records, helping keep customer information secure.

NetSuite Customer Records dashboard

Automated Invoicing

Automatically convert sales orders to invoices as orders are fulfilled. Easily customize invoice templates to meet customers’ unique billing needs. Bill by mail, email, fax or electronically. Easily calculate VAT, sales and other taxes. Posting transactions to the general ledger automatically saves time, avoids error-prone manual data entry and ensures accounts receivable data is always up to date.

NetSuite Automated Invoicing dashboard

Invoice Consolidation

Streamline the billing process with consolidated invoicing. When customers place multiple orders within a single billing period, NetSuite combines statements into a unified invoice. When payment is made, it is allocated to each order. Finance teams get faster billing and more efficient invoice processing. Customers pay once, increasing convenience while reducing days sales outstanding (DSO).

NetSuite Invoice Consolidation dashboard

Payment Management

Accept payments via cash, credit card, check, bank transfer, electronic funds transfer (EFT) or another electronic format. Automatically match customer payments to open invoices, or apply a single payment to multiple bills. Track customer deposits against performance milestones for accurate billing, apply credits automatically and manage refunds with ease.

NetSuite Payment Management dashboard

Dunning and Collections

Proactive, consistent customer outreach speeds accounts receivable collections. With NetSuite, companies can automatically send reminders in multiple languages and currencies before or after payment is due. Finance teams gain the flexibility to administer company policies while customizing communications to white-glove customers.

NetSuite Dunning and Collections dashboard

Reporting

Configurable AR reports, easy-to-use tools and custom segments allow for multidimensional analysis of receivables data. Report unpaid balances by region, salesperson, distributor or other criteria, and track payment history to identify customers that routinely pay late to improve collections forecasts.

NetSuite Dunning and Collections dashboard

Challenges NetSuite Accounts Receivable Solves


  • Manual, Error-Prone Processes. Automate and streamline every aspect of invoice delivery, credit term issuance and collections management.
  • Lack of Visibility. Get real-time visibility throughout the accounts receivable process, from the macro level down to individual customers and invoices.
  • Late and Overdue Invoices. Automate the dunning process to reduce DSO — with customer care in mind.

How Much Does NetSuite Accounts Receivable Cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for the initial set up. As your business grows, you can easily activate new modules and add users — that’s the beauty of cloud software.

Accounts receivable capabilities are included with the NetSuite platform license.

Contact NetSuite Now

Sales Chat

How is your business adapting to change?

Start chat