Entries by Maggie

Accounting Periods

What are Accounting Periods?   Accounting periods are an artificial method used to make it easier to organize financial records and allow comparison between different time periods. Organisations deal with accounting periods by detailing transactions on an ongoing basis, but compiling the figures into totals for the period. This compilation process requires the organisation to […]

Sun Branding Solutions – Project Completed

Sun Branding Solutions , a subsidiary of Sun Chemicals based in Bradford Yorkshire, have gone live with NetSuite after a lot of hard work from the Keystone Data team working closely with the team from Sun Branding. Together we have implemented NetSuite Advanced Financials and OneWorld to replace a number of different products and internally […]

New Revenue Recognition Standards – IFRS 15 – should you be concerned?

The new accounting standards for revenue recognition that has been agreed by both IASB (International Accounting Standards) and the US FASB (Financial Accounting Standards Board) comes into effect 1st January 2018 applying to accounts that commence in 2018. You may think that revenue recognition only applies to organisations delivering projects with complex contractual and payment […]

Sun Branding Solutions have signed up with Keystone Data and NetSuite

Sun Branding Solutions http://www.sunbrandingsolutions.com/, a subsidiary of Sun Chemicals, have chosen Keystone Data to help them implement NetSuite and streamline their administrative processes. Sun Branding Solutions delivers services across the entire packaging launch process for your brands, from concept and creative design through to artwork, pre-press and legal sign-off. It is based in Bradford Yorkshire with […]

What functionality enhancements are expected in NetSuite ERP release 2016.2?

NetSuite Release 2016.2 will be rolled out over the next few months. NetSuite have published plans which include the areas listed below. It is recognised that some features may not be available in the 2016.2 release timeframe. Accounting Change to Merging Accounts Quick Close Accounting Period Statutory Chart of Accounts Cumulative Translation Adjustment (CTA) Balance […]

Two new clients

During the last couple of months we have won two new NetSuite accounts: Avatu http://www.avatu.co.uk/ and RCB Cleaning Solutions http://www.rcbuk.com/. Avatu specialise in providing advice, technology and tools to fight cyber and insider threats to IT systems. They are based in Princess Risborough in Buckinghamshire and we are helping them implement a full NetSuite business management […]

White Stores signs with Keystone Data and NetSuite

We are delighted to have signed White Stores, the UK’s largest on-line garden furniture store based in Leigh-on-Sea in Essex as another NetSuite implementation project. This project includes introducing new processes throughout the organisation, and re-implementing their web sites to be fully integrated with NetSuite. The project has already begun and we hope to be […]