1 Fund Accounting

Fund Accounting within NetSuite for Government

NetSuite for Government adds key functions for fund accounting. Manage the diverse nature of revenues and expenditures by fund, governmental activities, and other conditions.

The flexible chart of accounts structure allows each segment to be managed in hierarchies for roll-up and drill-down abilities. For example: Function, Department and Division can be handled by one segment for clean structuring. Manage operating expenses through activity and project costing to prevent restructuring or cluttering the chart of accounts.