NetSuite for Accounting
Run your core accounting on NetSuite, a cloud‑based platform that delivers real‑time visibility, robust controls, and end‑to‑end automation. Whether you’re operating in one market or scaling globally, NetSuite accounting software gives you a unified system of record and a scalable operating model that grows with your business.
What is NetSuite accounting software?
NetSuite is the leading ERP software for financial management. As the main service enabler and system of record, it provides a unified platform for all your accounting operations and financial data.
As an ERP with accounting in its core, NetSuite connects seamlessly with every part of your business. It’s a comprehensive, cloud‑based financial management solution that gives you real‑time visibility into your financial data. Widely adopted across different industries, it streamlines financial operations end‑to‑end, from order management and billing to financial close and revenue recognition.
Compliance built for growth
Strengthen your finance operations with NetSuite Accounting Software
NetSuite unifies core finance and accounting with built‑in compliance, giving you real‑time visibility, faster closes, and a more efficient cost structure across the entire organisation.
Accelerated month-end close through automated journal entries, reconciliations, and approvals
Reliable, audit-ready financials with traceable transactions and standardised or customised processes
Real-time visibility into GL, cash, costs, and performance across all entities
Simplified tax compliance with automated indirect tax calculations and local compliance support
Seamless regulatory reporting with built-in support for IFRS and local GAAP, powered by a unified chart of accounts and automated workflows
Continuous compliance with built‑in internal controls, segregation of duties, and system audit trails
Global Accounting Excellence
Empower your finance team with Staria’s Global Accounting services powered by NetSuite
unified accounting meets global expertise
NetSuite for accounting by Staria
When you run your finance operations on NetSuite with Staria as your partner, you get more than a software. You get a partner committed to accuracy, compliance, and operational excellence across every market you operate in.
Expertise
We provide a team that truly understands your business and the local regulatory requirements in each country where you operate. You benefit from proactive support for statutory reporting, tax compliance, and audit preparation. With clear communication and dependable delivery, we ensure accurate month‑end closes, reliable financial statements, and timely regulatory filings.
Process excellence
Our approach ensures consistent, high‑quality financial processes across all entities and regions. From the general ledger, accounts payable and receivable, and payments to bank statements, travel and expenses, fixed assets, and intercompany transactions, everything is streamlined for efficiency. Regular reviews and reconciliations further support fast and dependable month‑end closing and trustworthy group-level reporting.
Technology
At the core of our Global Accounting services is NetSuite ERP, your unified system of record for all financial data and operations. The platform increases accounting precision by replacing error‑prone spreadsheets with automated, integrated financial processes. It provides real‑time clarity through role‑based dashboards and live metrics that give CFOs the visibility they need to steer the business. And it allows you to close confidently by shortening close cycles and maintaining rigorous compliance with accounting standards.
NetSuite accounting software and ecosystem capabilities
Bank statement processing
NetSuite streamlines bank statement processing by importing and categorising bank transactions automatically. With smart matching and rule‑based automation, it reduces manual work and ensures fast, accurate reconciliation.
Accounts payable
NetSuite for Accounting supports the full invoice‑to‑pay process, from data capture to final reconciliation, while automating the most time‑consuming steps. Vendor master data is centrally managed, invoices are pre‑posted and routed through business and accounting approval workflows, and unapproved invoices can be accrued automatically. With built‑in AP reconciliation, the entire flow becomes faster, more transparent, and far less manual. The result is a scalable model that improves invoice throughput, reduces errors, lowers processing costs, and provides a clear audit trail to support growth across new countries.
Travel & expenses processing
As an accountant, you can manage expenses, credit card transactions, reimbursements, and reconciliations directly in NetSuite. Employees can submit their expense reports either within NetSuite or through an integrated expense management tool like Staria Expense.
Intercompany management
NetSuite simplifies accounting for group companies by bringing all entities into a single system. Intercompany journals and invoices can be created, managed, and eliminated efficiently, reducing manual work and ensuring accurate consolidated reporting. Its MultiBook accounting capabilities allow you to maintain parallel books for IFRS and local GAAP simultaneously, ensuring compliance across different jurisdictions. Builtin multicurrency support further streamlines global operations by automating currency conversions, revaluations, and consolidated reporting in any currency.
Accounts receivable
Sending invoices is a critical task for any business, and NetSuite’s Accounts Receivable makes the entire process faster and more efficient. You can shorten the credit‑to‑cash cycle with quick invoice creation and delivery, supported by a wide range of features that help keep your financial data accurate and organised.
Payment processing
NetSuite can generate payment files for vendor bills, employee expenses, customer refunds, customer payments, and payroll. These files can then be sent to your bank either manually or through an integration to a banking software such as Atlar.
Fixed assets management
The Fixed Asset Management SuiteApp provides an automated system for managing the entire fixed‑asset lifecycle, from acquisition and depreciation to devaluation and retirement.
Payroll services
Centralise payroll‑related data sharing with Staria’s Global Payroll Services, ensuring compliant, accurate payroll in every country. We handle statutory reporting, GDPR‑compliant data processing, legal updates, and provide secure payslip and salary file delivery. With reliable local payroll systems and a clear audit trail, you get on‑time payroll, reduced compliance risk, and full confidence in labor‑law compliance, powered by a seamless NetSuite integration.
BI & planning
Naviloq is Staria’s scalable BI & planning platform, designed to complement NetSuite and support companies at every stage of growth. With ready‑made solutions for reporting, planning, and analytics, Naviloq delivers instant visibility and actionable insights across finance, operations, and workforce management. And when your needs go beyond the standard offering, Naviloq provides flexible customisations to match your unique business requirements.
Integrations
NetSuite’s open, API‑driven architecture makes it easy to integrate any operational system, from payroll and HR tools to subscription billing, banking platforms, POS, CRM, logistics, or industry‑specific SaaS. With real‑time data flows and automated postings, your finance team always works with accurate, up‑to‑date information instead of chasing files, spreadsheets, or manual uploads.
Success stories
Wolt's international growth journey powered by NetSuite
Discover how Wolt, a rapidly growing technology company, partnered with Staria to implement NetSuite ERP to support their rapid international expansion and efficient business management across 20+ countries.
NetSuite for your business
Staria & NetSuite know your industry
Every industry faces unique challenges, and we address these with tailored solutions. Read more about our approach to overcoming these challenges.
Frequently asked questions: NetSuite for accounting
What is NetSuite accounting software?
NetSuite is a cloud-based ERP platform with accounting at its core. It centralises financial data, automates key accounting processes, and provides real-time visibility across the entire organisation. Companies use it to streamline operations such as order management, billing, revenue recognition, and financial close.
How does NetSuite support global finance and accounting compliance?
NetSuite includes built-in support for IFRS and local GAAP, automated indirect tax calculations, internal controls, audit trails, and standardised workflows. Its MultiBook functionality enables companies to maintain multiple accounting standards at the same time, supporting compliant operations across countries.
What benefits do companies gain from combining NetSuite with Staria’s Global Accounting services?
Staria provides end-to-end Global Accounting services powered by NetSuite. This includes day-to-day bookkeeping, local and international compliance, tax support, statutory reporting, payroll services, consolidation, and monthly financial closing. Combined with NetSuite’s real-time visibility and automation, Staria ensures accuracy, scalability, and operational excellence for growing businesses.
Which accounting processes can NetSuite automate?
NetSuite automates a wide range of accounting tasks, including accounts payable, accounts receivable, bank reconciliation, expense management, fixed assets, payment processing, intercompany transactions, and consolidated reporting. Automation reduces manual work, minimises errors, and shortens the financial close cycle.
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