Skip to main content

Journal Generator:  Automate journal entries in NetSuite

HOW IT WORKS

Journal Generator by Zone

Reduce costs and time required to do month-end or period-end accounting processes. Get your accounts in order and get compliant, sooner. It takes just three straightforward steps to configure and you can start creating journal entries automatically. Be it FRSSE, ASPE, GAAP, IAS or IFRS – the flexible nature of Journal Generator means your financials will be ready, sooner.

Intercompany Allocations

Define cost allocations using fixed or variable debit and credit impacts. Each allocation percentage uses the same top-level value removing the need to create cascading schedules.

Period-End Accruals

Simplify accruals including reversing journals based on payroll and transactional data, eliminating manual time consuming spreadsheets and imports.

Cost Allocations

Capture and reallocate employee or other expenses using timesheet-based variations or fixed percentage allocation schedules.

Liability Provisions

Streamline month-end processing by automating journals based on any data in your NetSuite account.

Journal Generator by Zone

Scheduling and Workflow

Are you doing manual accruals each month? Do you start doing liability provisions once all time entries are entered/approved? Not only does Journal Generator make these processes easier, but coming very soon is the ability to completely automate them using built-in scheduling capabilities. Alternatively, you can automatically execute Journal Generator as a part of a workflow using SuiteFlow.

Reusable Mapping Definitions

Setting up Journal Generator is a very simple process and requires only basic accounting and NetSuite knowledge. The crux is setting up a Journal Mapping Definition. This defines the translation of (any) NetSuite data to a Journal Entry. The beauty of Journal Generator is that you only need to do this once and it’s a simple point-and-click task. Running Journal Generator then comes down to selecting the correct mapping and you’re off!

Any data, one click

With Journal Generator, create Journals automatically based on any NetSuite data. Configurable set-up allows you to create multiple GL impacts across your account and subsidiaries with one click.

Don't repeat yourself

Each organization is unique. What isn’t unique to each organization, though, are the numerous (and repetitive) manual adjustments required to the GL. Discover how Journal Generator can help you and your organization automate these adjustments and more.

It just works

Because of the tight integration with Oracle NetSuite, Journal Generator will work with any customization or feature installed in an account. In fact, with most organizations there’s no need for cumbersome configuration changes – you can do the install, setup and be generating Journals yourself the same day.

News & thought leadership

Payroll Operations

Bureaus, third-party and Zone & Co: The true cost of payroll for NetSuite

Managing payroll is a crucial task for every business. Yet, a study from Bloomberg showed that up to 63% of growing businesses in the US underestimated how long they were spending on payroll admin, with many having little to no knowledge of the time spent internally on each stage of the payroll process.

Payroll Operations

Infinet Cloud sponsors SuiteConnect Sydney 2023

Zone & Co acquired Infinet Cloud in May 2023. Please be aware that any prior mentions of Infinet Cloud, including the content below, now pertain to the unified entity. Infinet Cloud is ecstatic to announce that it will be a Gold Sponsor at SuiteConnect Sydney on April 5th, 2023!

Payroll Operations

Infinet Cloud is attending SuiteConnect 2023!

Zone & Co acquired Infinet Cloud in May 2023. Please be aware that any prior mentions of Infinet Cloud, including the content below, now pertain to the unified entity. Our team will be attending SuiteConnect in London, just as we have every year the event has taken place since 2014. With this being the first in-person NetSuite event in the UK since 2019, it should be a good one.