NETSUITE FOR AUSTRALIA Australian Benefits NetSuite OneWorld Allows Companies to NetSuite’s many capabilities Manage Back-Office Operations Globally and make it an ideal solution for Locally. organisations that do business Few businesses are only local. Whether you have a in Australia or transact with full-fledged subsidiary in another country or trade with Australian trading partners. international partners, the need to comply with rules, Multiple value-added solutions regulations, taxation and cultural preferences is hard are available from NetSuite’s to avoid. NetSuite OneWorld addresses the complex partners in the NetSuite core multinational and multi-company needs of mid-market product enhancing it with organisations. pre-tailored capabilities for a faster, more cost-effective local deployment. Here are some of the skills that can be of particular interest for organisations doing business in Australia:

1 Feature Capability

GST • Pre-configured Australian GST tax codes and tax rates. • Pro-forma GST report (Business Activity Statement). • Automatic calculation of GST in transactions.

Banking and Electronic • Support for Electronic Funds Transfer through the Payments following Australian : -- ABA. -- ANZ (ANZ ). -- ASB (ASB Bank). -- BNZ (). -- DeskBank ( Bank). • Direct Debit support for ABA. • Accept payments via SecurePay and eWAY payment gateways.

Language • User interface translated to English (International). • Numbers and currency display according to Australian conventions.

Localisation • Issue trading documents in the partner’s language. • Shipping integration with Australia’s leading parcels and courier services. • HCM and Payroll. • Local experts and consultants to assist Australia.

2 Supporting Your Local and Global Needs

Chart of Accounts Indirect Taxes Revenue Recognition

NetSuite OneWorld can Handle indirect taxes easily and Expense populate a single map across subsidiaries, with an Amortisation of accounts across embedded global tax engine NetSuite has powerful rules- subsidiaries, or use a that supports automatic tax based tools to assist users separate chart of accounts calculation and simplified incorrectly apportioning for each subsidiary. localised reporting. costs and revenues across multiple accounting periods to meet local tax and Unprecedented Multi-Currency accounting requirements. Worldwide Visibility NetSuite provides the Role-based dashboards tools to manage activities and “drill-down everywhere” in different currencies, Local Reporting provide instant insight including price lists, credit NetSuite includes a robust across the corporate limits, and invoicing. reporting solution for users hierarchy of subsidiaries. to create whatever reports are needed, many of which Inter-Company are pre-packaged to help Local and Corporate Accounting reduce compliance costs. Accounting Books Working across borders Often called parallel books can increase inter-company or multi-books, NetSuite accounting complexities Exchange Rate provides the tools to report by order of magnitude. International trade means the same business transac- NetSuite OneWorld can that at least one trading tions according to multiple automate many of the partner will operate outside accounting rules at the postings, including expense their base currency. same time, a critical feature allocation managed via NetSuite OneWorld can to support local reporting intercompany journals. integrate automated daily and corporate reporting exchange rate updates when they are in different and calculates unrealised jurisdictions. exchange gains/losses for all open transactions at period ends.

3 Electronic Banking Approval Processes NetSuite SuiteApps

Payment is the lifeblood of Best-in-class companies • Australia Post. Real- trade. NetSuite’s electronic focus on delivering time integration with banking solution can be excellence to their Australia Post’s parcel configured to support the customers. Strong services to allow the formatting requirements automated controls are automated creation of almost all banks and is still essential. NetSuite’s and printing of labels, preconfigured for many of workflow and scripting parcel lodgements, and the world’s leading banks engines make it easy to delivery tracking. and national standards. automate approval and • Electronic payments. other internal processes. Includes support for ABA, ANZ, BNZ, ASB, Deskbank.

• Payment Gateway Plug-ins SuiteApp. Provides payment gateway integration with SecurePay and eWAY.

4 Contact Us

Email. [email protected]

Phone. 1300 766 011

Int. +61 3 9244 3595

Fax. 03 9244 3501

www.klugogroup.com

Melbourne (Head Office)

95 Highbury Rd

Burwood, VIC 3125

Sydney

23-25 Muriel Ave

Rydalmere, NSW 2116

Adelaide

26 Flinders Street

Adelaide, SA 5000