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What is NetSuite Apparel Accounting Software?

NetSuite Apparel Accounting software combines core financial management tools with inventory tracking, supply chain data, and sales performance metrics. Everything runs on one centralized cloud platform, with each transaction—from vendor invoices and POs to customer returns and markdowns—automatically flowing into your general ledger and financial reports.

Connect systems with NetSuite for apparel businesses

Real-time insights

Disconnected systems are so out of style. With NetSuite, apparel businesses can eliminate point solutions, automate accounting processes, and gain real-time visibility into margins, cash flow, and performance by store, channel, and product line.

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NetSuite Apparel Accounting Software features

NetSuite links financials with inventory, sourcing, production, and fulfillment data so apparel businesses can trim costs, optimize margins, and zip through the financial close.

General ledger

A flexible general ledger supports dimensional tagging—by SKU, brand, season, region, or sales channel—and generates detailed financial and style-level profitability reports without spreadsheets.

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Cash management

Real-time cash flow visibility incorporates inventory levels, open orders, and payment schedules to support accurate forecasting, even for brands with extended supply chains and variable demand cycles.

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Accounts receivable

Automated billing, multicurrency capabilities, and collection workflows help manage wholesale and direct-to-consumer invoicing for faster collections and reduced days sales outstanding.

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Accounts payable

Three-way invoice matching and approval workflows optimize payments, while built-in controls help accurately capture landed costs, stitch up early-pay discounts, and achieve vendor compliance.

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Account reconciliation

AI-assisted matching quickly and accurately reconciles inventory, sales, returns, and payments for a faster close.

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Tax management

Automated tax calculations easily handle complex apparel tax requirements by jurisdiction and sales channel to deliver audit-ready compliance reports.

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Close management

Automated journal entries, intercompany eliminations, and style-level consolidations expedite the period-end close and maintain audit readiness.

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Fixed assets management

Complete lifecycle tracking for store fixtures, equipment, and production assets helps support accurate depreciation calculations, maintenance scheduling, and replacement planning.

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Payment management

Comprehensive payment processing for retail stores, ecommerce, and wholesale channels provides automated discount application, gift card management, and return credit processing.

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NetSuite is a robust, all-in-one system that allows us to do everything we need to simplify and optimize our business.

Natalie Riley, VP of Finance and Operations, Topo Athletic

NetSuite Apparel Accounting Software benefits

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  • Increased financial accuracy. Real-time integration of financial, inventory, and production data replaces manual, spreadsheet-based processes.
  • Real-time visibility. Dashboards provide insights into margins, markdowns, return rates, and working capital by channel, region, or product line.
  • Faster closes. Built-in automation, reconciliations, and reporting tools mean faster monthly closes and financial consolidation.

Challenges NetSuite Apparel Accounting Software solves

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  • Disconnected systems. A unified cloud-based financial platform replaces fragmented spreadsheets and standalone applications.
  • Opaque margins. Real-time data links financials with sourcing and inventory to help apparel companies understand their true costs and profitability.
  • Global compliance. Automated tax calculations, localized reporting standards, and currency conversion capabilities help meet global compliance requirements.
  • Operational complexity. Growing apparel brands can run more efficiently by implementing intercompany eliminations, multi-entity consolidation, and flexible segmentation by channel or region.

SuiteSuccess – Your proven path to success

Leveraging more than 25 years of experience working with tens of thousands of organizations, across all industries and business sizes, our SuiteSuccess customer lifecycle methodology helps customers transform their business. It starts by building an AI-powered, integrated business suite with industry-specific solutions. Then we engage with your business to ensure that we’re addressing your specific needs and guiding you along the way on how to best consume and optimize NetSuite to solve challenges of today and the future. This approach helps ensure customers experience faster time-to-value, better ROI, and greater employee adoption.

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How much does NetSuite Apparel Accounting Software cost?

Companies of every size, from prerevenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual fee. Your license is made up of three main components: core platform, optional modules, and number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users — that’s the beauty of cloud software.

Netsuite Apparel Accounting Software is available as an add-on module.

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Resources

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Data sheets

Access specifications, features and benefits of NetSuite Apparel Accounting Software.