Netgain Resource Hub

Written by Weston Lampe at RSM. Make sure to assess each vendor based on the value it brings and avoid sacrificing important functionality due to cost.

GASB 87 transforms lease accounting for government entities by requiring the balance sheet to reflect all lease obligations. Learn the key components.

ASC 842 is a hot topic for most US companies today, especially if you hang around the accounting department. Get up to speed on everything you need to know.

Is the right to use intangible assets like licensing agreements for software considered a lease? Depends on the leasing standard. Learn more.

Ask these 11 key questions of lease accounting vendors when searching for your software solution for the new standards for ASC 842, IFRS 16 and GASB 87.

We’ll lay out the history of the initial delay for ASC 842 and the reasons why, plus our take on the impact of COVID-19 to ASC 842.

We decided to interview some of our full-time work from home employees for some tips & tricks on how to WFH most effectively.

Under ASC 842, IFRS 16, and GASB 87 disclosures are more complex. Here are required disclosures under the new lease accounting standards.

Here are four things you should review with your auditors right away regarding ASC 842, IFRS 16, and GASB 87 lease accounting.

We decided to host a series of three webinars digging into each of the new lease accounting standards: ASC 842, IFRS 16, and GASB 87.

Leasing software typically falls in one of two categories: lease accounting or lease management. Here's the difference between the two.

The history of lease accounting, accounting under ASC 842, tips & tricks for transitioning to the new standard, and how to automate ASC 842 using software.

Dive into real case studies showcasing how our SuiteApps take your NetSuite capabilities to the next level. Join us to see the impact in action!

Explore how Netgain & Ramp work together to simplify finance ops with seamless integration, automation, & full spend visibility. Register now!

Discover strategies our top-performing partners use to boost their ROI with Netgain! Gain insights, real-world examples, and resources to drive your success.

Discover how AI is transforming accounting! Join experts to explore current AI use, future innovations, and strategies for overcoming finance challenges.

Watch an on-demand demo of NetAsset, your go-to solution for streamlining the accounting and management of the entire fixed asset lifecycle.

Watch the exclusive launch party where we unveiled a new tool designed to streamline your bank reconciliations in NetSuite.

Learn about our recent product improvements and hear our exciting announcement about a new product hitting the market soon.

Discover how SuperSync and Netgain are transforming the landscape of accounting.

This post will cover the basics of bank reconciliation, including examples, how to do monthly reconciliations, and tips for a smooth process.

Depreciation journal entries, a cornerstone of accounting, empower businesses to accurately spread the cost of assets over their lifespan. Learn the basics.

Straight-line depreciation is a widely used method that allocates the cost of an asset evenly over its useful life. Learn how to use the formula and more.

Learn how right-of-use (ROU) assets and lease liabilities impact your financial statements and why ROU assets matter for businesses managing leases.

Learn the basics of fixed assets, why they’re important to your business, and how to account for them accurately in your financial statements.

This post covers everything you need to know about the month-end close process, from the basics to best practices for a smooth close (plus a free checklist).

Delve into the world of real estate depreciation with this comprehensive guide. Learn why it matters and how it can transform your financial practices.

This technical article will delve into the depths of asset useful life, covering its definition, significance, and functionality.

This article delves into the intricacies of recognizing, measuring, and disclosing intangible assets, addressing potential pitfalls accountants may face.

Discover the definitions, benefits, and calculation of double declining balance method, a depreciation technique that accelerates asset cost allocation.

This post will delve into the technical aspects of equipment depreciation, addressing common questions and providing insights to improve your understanding.

Master the art of rental property depreciation. Get the lowdown on the complexities, tax benefits, and alternatives for managing property investments.

Equipment finance is a financial arrangement that helps businesses acquire necessary equipment without paying the full cost upfront. Learn the basics.

In this post, we cover everything you need to know about leasehold improvement depreciation life, from its definition to its benefits and alternatives.

Leasehold improvements encompass modifications, enhancements, or alterations made to a leased space by the tenant or lessee. Learn how they work and more.

Understand the fundamentals of debits and credits in accounting. Learn how these essential concepts form the foundation of double-entry bookkeeping.

Discover the process of order-to-cash, a fundamental business cycle encompassing order processing, inventory management, invoicing, and payment collection.

Gain valuable financial insights, streamline collections, and forecast cash flow for your business. Learn how to leverage accounts receivable aging reports.

This post delves into prepaid expenses, providing a clear understanding of their mechanisms, significance, benefits, potential drawbacks, and alternatives.

Temporary accounts, also known as nominal accounts, refer to accounts closed at the end of each accounting period. Learn the basics and best practices.

Learn how adjusting entries guarantee accurate financial statements, streamline processes, and pave the way for automation with our comprehensive guide.

dive into ins and outs of the accounts receivable journal entry, from understanding how it works and why it's crucial to exploring its benefits and pitfalls.

This post explores the intricacies of intercompany accounting, how it works, its relevance, advantages, disadvantages, and alternative methods.

Financial reconciliation refers to the process of comparing and matching financial records to ensure consistency and accuracy. Learn the basics and more.

Learn the basics of intercompany transactions in business operations. Discover how these transactions streamline financial reporting within corporate groups.

Delve into the intricacies of bad debt expense, its importance in financial accounting, and how it can impact your business with this comprehensive guide.

In this post, we delve into the intricacies of cash flow forecasting, exploring its significance, benefits, and how it aids in financial decision-making

Learn how to simplify and automate your accounts receivable processes with a focus on Days Sales Outstanding (DSO). Discover effective strategies…

Take a deep dive into the intricacies of journal entries, explore their importance, benefits, and downsides, and even discuss alternative methods.

Confused between lessor and lessee? Gain clarity with our comprehensive guide. Understand the roles, rights, and responsibilities of lessors and lessees.

Discover the importance of accounts receivable in business. Read on to learn how to optimize cash flow and maintain healthy customer relationships.

Discover the ins and outs of the lease accounting standard ASC 842. Learn how ASC 842 revolutionizes lease management, compliance, and financial reporting.

dive deep into the concept of financial statements, exploring their importance, how they work, their benefits, potential downsides, and more.

Discover the importance of cash flow and its impact on financial health. Learn how cash flow works, its benefits, challenges, and alternatives. Simplify and…

Working capital represents the amount of liquid assets a company has. Discover the importance of working capital and how it influences your business.

A chart of accounts is a list of all the accounts used by a business to classify financial transactions. Learn about how it helps organize financial data.

A balance sheet provides a snapshot of a company's assets, liabilities, and equity. Learn what goes into a balance sheet and how to read one.

Remittance refers to any money transfer made from one person or organization to another. Learn the basics and how processes have become more efficient.

The general ledger serves as the central repository for an organization's financial transactions. Learn the basics and more in this comprehensive guide.

Upgrade to smarter, faster fixed asset tax management and leave outdated, costly tools behind.

Discover how NetLease simplifies lease accounting, ensures compliance, and boosts efficiency.

Streamline your fixed asset and lease accounting with powerful tools designed for QuickBooks Online.

Depreciate the stress of managing and accounting for fixed assets with NetAsset.

Discover how NetAsset can boost your efficiency in managing fixed assets for you and your clients.

Find out why Netgain is proud to offer clear, low-cost pricing.

Empower existing tools through seamless connection.

Dynamic integration automatically pulls everything you need or syncs only the items you need.

The advanced fixed asset management functionality you've been searching for.

Take control of your leases and get compliant with the latest accounting standard.

Manage loans and leases, automate complex accounting tasks, and enhance client communications.

Learn how your company can save time and improve accuracy through automating your month-end close.

NetCash connects your bank and manages bank reconciliations seamlessly—all within NetSuite.

Discover how your company can streamline lease accounting with NetLease.

Discover the power of streamlined lease accounting by learning more about NetLease for firms.

Perform a rigorous audit with high customer satisfaction.

Powering the office of the CFO with NetSuite-native solutions.

Save time and stay organized by effortlessly syncing your Outlook emails with NetSuite.

See how you can bring your lease accounting into NetSuite. Confidently manage your lease accounting and enhance compliance, accuracy, and decision-making.

Split the impact of a single transaction across multiple subsidiaries and business segments flexibly in NetSuite.

Take a self-guided tour of NetAsset and learn how you can begin depreciating the stress of managing and accounting for your fixed asset portfolio.

NetAsset for NetSuite gives you powerful analytics, customizable reporting, and global scalability for your fixed assets.

NetLessor for NetSuite saves accountants hours with automated lease accounting for lessors.

Experience seamless loan management without leaving your flow of work.

NetCash for NetSuite helps busy accounting teams simplify bank reconciliations easy with real-time, automated bank imports.

See how you can bring your close process into NetSuite. Close your books faster, accurately, and powerfully.

Take a self-guided tour of NetLease and learn how you can streamline your lease accounting, ensure compliance, and simplify reporting.

Read how the nonprofit Black Hills Works transformed their asset creation process, achieving efficiency, accuracy, and standardization with NetAsset.

Discover how Cantaloupe's accounting team streamlined lease accounting in their ERP and achieved their easiest audit yet with NetLease and NetLessor.

Learn NetLease for Firms helped them automate their lease accounting, streamline audit processes, and ensure compliance for over 50 clients.

Since adopting Netgain tools, Mariani Premier Group has improved efficiency and accuracy. Discover how they manage leases, loans, and assets with Netgain.

Discover how NetAsset by Netgain simplifies fixed asset management from acquisition to disposal, ensuring accurate financial alignment and tax reporting.

Sync your email and calendar events to NetSuite in real time. Netgain's Outlook integration works automatically or manually to sync the most relevant items.

Our integrated solution enables both NetSuite users and non-NetSuite users alike to access procurement functionality. Meet SuperSync PunchOut.

SuperSync's integrations enable the flow of data from exterior platforms to synchronize in NetSuite. Eliminate the need for data entry or outmoded spreadsheets.

NetAsset is an easy-to-use app embedded in NetSuite that simplifies and automates asset accounting through the entire asset lifecycle. Watch the demo!

Manage your loans efficiently and effectively—all within NetSuite. Watch the NetLoan overview now!

Explore NetLessor by Netgain: a comprehensive solution for managing lessor accounting. Streamline billing, reporting, and compliance. Watch the demo now!

Discover how NetLease by Netgain simplifies lease accounting. Automate processes, ensure compliance, and streamline your lease management. Watch the overview!

Learn how NetLease by Netgain simplifies lease accounting within NetSuite. Streamline compliance, manage leases, and automate processes. Watch the overview!

Discover how NetClose by Netgain streamlines accounting workflows, accelerates month-end closes, and modernizes financial reporting. Watch the overview now!