If you sell on Amazon, you know that having too much or too little inventory can be a death sentence for your business. That’s why it’s so important to have a system to manage your inventory levels. One of the best systems for managing inventory is Amazon Netsuite. In this article, we’ll show you how to use Amazon Netsuite to manage your inventory levels and keep your business running smoothly. Keep reading to learn more.
What is Amazon NetSuite?
Netsuite is a comprehensive cloud-based business management software that integrates with Amazon to help businesses manage their inventory and orders. Amazon NetSuite integration can track inventory levels, sales data, and order information across all sales channels in one place so that businesses can make better decisions about stock allocation and pricing. Netsuite also provides sophisticated financial reporting tools, including budgeting and forecasting capabilities, to help businesses keep tabs on their finances.
How do you set up inventory locations in Netsuite?
Netsuite allows businesses to manage their inventory through the use of locations. Locations allow you to track your inventory by physical location and assign different levels of security to each area. You can also create default shipping settings for each location. Setting up inventory locations in Netsuite is a two-step process: 1) creating the locations and 2) adding items to the locations.
To create a location, go to Setup > Company > Locations. Click on the “New” button and enter a name for the location. You can then specify the address, city, state, and country for the location. You can also choose whether this is a primary or secondary location. If it is a primary location, you can set default shipping settings for this location. To add an item to a specific location, go to Inventory > Items and click on the “New” button. In the Item Information section, select the “Location” drop-down menu and select the desired location from the list of available locations.
How do you generate inventory reports on Amazon NetSuite?
NetSuite’s inventory management capabilities can help you manage your stock and track inventory movement. You can generate reports on inventory levels and movement in Amazon Netsuite. To do this, you need to set up inventory tracking in NetSuite. First, create a new item in NetSuite. In the Item Information section, enter the name of the product and the type of product. For example, select the Books category from the Type drop-down list if you are selling books.
Next, specify how many items are in stock by entering a quantity in the Qty On Hand field. This is the number of items physically stored at your business location(s). If you have more than one location, click Add Location and enter the quantity for each location. Inventory tracking lets you track how much stock is available at each location and how much stock has been sold. NetSuite automatically deducts the quantity sold from the total quantity on hand at all locations when an order is placed. This ensures that you always have enough stock to meet customer demand.
How do you view and print Amazon invoices in NetSuite?
To view and print Amazon invoices in Netsuite, you will first need to set up an integration between the two systems. This can be done by following these steps. First, log into your Netsuite account and go to Setup > Company > Customization > Accounting > Other Financial Systems. Then, click the New button on the Other Financial Systems page and select Amazon from the list of providers.
Enter your Amazon Seller ID and Secret Key in the corresponding fields and click on Save. Once the integration is set up, you can view and print Amazon invoices from within Netsuite by going to Accounts Receivable > Invoice History.