80% Cost Reduction by Switching from NetSuite to QuickBooks Online
Project
Overview
A seafood enterprise in Texas decided to transition from NetSuite to QuickBooks Online. We facilitated their switch, ensuring a seamless migration of multi-currency transactions, payroll records, inventory details, and comprehensive transaction data spanning nearly four years, encompassing over 4,000 entries, from their former accounting system to QuickBooks Online.
Reason for the Switch
client required a user-friendly platform with specific features and integrations not available in NetSuite.
Outcome of the Switch
Achieved streamlined accounting pro- cesses, better inventory management, and significant cost savings.
4
Years of
comprehensive
data
Data Span
2
Months
Turnaround Time
Seafood
business
Client’s Industry
NetSuite to
QuickBooks
Online
Migration
Data Transformation
- Formatted Multi-currency(USD, EURO,POUND, CAD) transactions.
- Generated data schema and format as per client’s requirement.
- Reformatted data to align with the data structure of QuickBooks Online.
Data Validation
- Matched balances between accounts in NetSuite and QuickBooks Online.
- Verified outstanding balances with relevant customer and vendor accounts.
- Set up inventory & assemblies with confirmed count of items and bundles.
Data Extraction
- Exported all 8600 transactions – even ones with custom fields.
- Generated key reports – trail balance, A/R & A/P aging, Sales and P/L statement.
- Used NetSuite API to extract customer, vendor, inventory & employee info.
Data Upload
- Mapped columns in the Excel file to fields in QuickBooks.
- Set up custom field in QuickBooks as per the client’s requirement.
- Imported data into Dancing Numbers, our proprietary QuickBooks Migration tool.
Data Transformation
- Formatted Multi-currency(USD, EURO,POUND, CAD) transactions.
- Generated data schema and format as per client’s requirement.
- Reformatted data to align with the data structure of QuickBooks Online.
Data Validation
- Matched balances between accounts in NetSuite and QuickBooks Online.
- Verified outstanding balances with relevant customer and vendor accounts.
- Set up inventory & assemblies with confirmed count of items and bundles.
Data Extraction
- Exported all 8600 transactions – even ones with custom fields.
- Generated key reports – trail balance, A/R & A/P aging, Sales and P/L statement.
- Used NetSuite API to extract customer, vendor, inventory & employee info.
Data Upload
- Mapped columns in the Excel file to fields in QuickBooks.
- Set up custom field in QuickBooks as per the client’s requirement.
- Imported data into Dancing Numbers, our proprietary QuickBooks Migration tool.
Looking for
Consultation ?
Thank
You Very
Much !
