How to Create a New Location in NetSuite

Welcome to the world of NetSuite! You may be facing a common issue of not being able to create new locations and wondering how to overcome it. Don’t worry, we’ve got you covered. In this article, we will guide you step-by-step on how to easily create a new location in NetSuite. Ready to expand your business? Let’s get started.

What is a Location in NetSuite?

In NetSuite, a location is a physical or virtual entity that serves as the setting for business operations. This can include warehouses, stores, or other units within an organization. Locations play a crucial role in managing inventory, fulfilling orders, and tracking resources efficiently. By creating locations, businesses can organize their operations geographically, leading to better management and precise reporting.

Consider establishing locations based on physical proximity, regional requirements, or specific business needs. By utilizing the location functionality in NetSuite, businesses can streamline processes and gain greater control over their operations.

What Are the Different Types of Locations in NetSuite?

There are several distinct types of locations in NetSuite, each serving a specific purpose within the system. These types include:

1. Warehouse Locations: Used for inventory tracking and stock level management.
2. Retail Store Locations: Designed for businesses with physical store locations.
3. Manufacturing Locations: Utilized for tracking the production and assembly of goods.
4. Drop Ship Locations: Used when products are directly shipped from suppliers to customers.
5. Service Locations: Designed for businesses that offer services instead of physical goods.

By understanding the various types of locations in NetSuite, businesses can efficiently organize their operations and streamline processes. It is crucial to select the appropriate location type based on the nature of the business and its specific requirements.

For optimal results, consider utilizing a combination of these location types to meet the unique needs of your business.

How to Create a New Location in NetSuite?

Are you looking to create a new location in your NetSuite account? Look no further! In this section, we will walk you through the step-by-step process of creating a new location in NetSuite. By following these simple instructions, you can easily add a new location to your account and efficiently manage your business operations. Let’s get started by navigating to the locations page and clicking on the “New Location” button.

Step 1: Navigate to the Locations Page

To access the Locations page in NetSuite, simply follow these steps:

1. Log in to your NetSuite account.
2. From the Home dashboard, click on the Lists tab.
3. In the Lists menu, select Locations.
4. You will be directed to the Locations page, where you can view and manage your existing locations.

By following these simple steps, you can easily navigate to the Locations page in NetSuite and begin creating or editing locations as needed.

Step 2: Click on “New Location” Button

To add a new location in NetSuite, simply follow these steps:

1. Navigate to the Locations page.
2. Click on the “New Location” button.
3. Fill in the necessary details for the location, including its name, address, and contact information.
4. Assign a subsidiary and department to the location.
5. Save the new location to add it to the system.

With the click of the “New Location” button in NetSuite, users can easily create and customize new locations to fit their business requirements.

Step 3: Fill in the Location Details

To fill in the location details in NetSuite, follow these steps:

1. Access the Locations Page in NetSuite.
2. Click on the “New Location” button.
3. Fill in the necessary details such as the location name, address, and contact information.
4. Assign the appropriate subsidiary and department to the location.
5. Save the new location to complete the process.

By completing these steps, you will successfully complete the process of filling in the location details in NetSuite.

Step 4: Assign Subsidiary and Department

To successfully assign a subsidiary and department to a new location in NetSuite, follow these steps:

1. Navigate to the Locations page.
2. Click on the “New Location” button.
3. Fill in the location details.
4. Assign the appropriate subsidiary and department from the provided options.
5. Save the new location.

Pro-tip: It is crucial to carefully select the correct subsidiary and department for accurate categorization and tracking of transactions related to the location. This will greatly assist with financial reporting and analysis.

Step 5: Save the New Location

• Click on the “Save” button after filling in the location details.
• Ensure that all required fields are properly filled in.
• Verify that the location information is accurate and up to date.
• Double-check any additional settings or configurations specific to the location.
• Confirm that the new location has been successfully saved in NetSuite.

Remember to regularly review and update your locations as needed to maintain accurate and efficient operations in NetSuite.

What Are the Best Practices for Creating Locations in NetSuite?

When it comes to creating locations in NetSuite, there are certain best practices that can optimize your experience and efficiency within the platform. From using descriptive names to properly assigning subsidiaries and departments, each step plays a crucial role in creating a well-organized location structure. In this section, we will discuss the key practices for creating locations in NetSuite, including setting up default shipping and billing addresses and utilizing parent-child relationships for locations.

1. Use Descriptive Names

When creating locations in NetSuite, it is important to use descriptive names that accurately represent the purpose or function of each location. This helps to easily identify and differentiate between various locations within the system. To ensure this, follow these steps:

1. Navigate to the “Locations” page in NetSuite.
2. Click on the “New Location” button.
3. Fill in the location details, such as name, address, and contact information.
4. Assign the appropriate subsidiary and department to the location.
5. Save the new location.

By using descriptive names for locations, you can easily understand the purpose of each location and streamline your business processes more efficiently. For example, instead of using generic names like “Location A” or “Warehouse 1,” use names like “Main Warehouse” or “Retail Store – New York” to provide clarity.

Additionally, make sure to use descriptive names when creating locations in NetSuite. This will help you easily identify and differentiate between various locations within the system, making your business processes more efficient and organized.

2. Assign Appropriate Subsidiaries and Departments

When creating locations in NetSuite, it is crucial to assign the appropriate subsidiaries and departments to ensure proper organization and accurate reporting. Here are the steps to follow when assigning subsidiaries and departments in NetSuite:

1. Navigate to the Locations page within NetSuite.
2. Click on the “New Location” button to create a new location.
3. Fill in the location details, including the name, address, and other relevant information.
4. Assign the relevant subsidiary to the location. This will help categorize and manage the location within the organizational structure.
5. Assign the appropriate department to the location. This will help associate the location with the relevant department for reporting purposes.
6. Save the new location with the assigned subsidiaries and departments.

By following these steps, you can ensure that your locations in NetSuite are properly organized and associated with the appropriate subsidiaries and departments.

3. Set Up Default Shipping and Billing Addresses

To set up default shipping and billing addresses in NetSuite, follow these steps:

1. Navigate to the Locations page in NetSuite.
2. Click on the “New Location” button.
3. Fill in the location details, including the default shipping and billing addresses.
4. Save the new location.

Setting up default shipping and billing addresses streamlines the order fulfillment process, ensuring accurate and efficient delivery. By assigning these addresses to specific locations, you can easily select the appropriate address when creating sales orders or shipments.

A company that implemented default shipping and billing addresses in NetSuite saw a significant improvement in order accuracy and customer satisfaction. With the new system in place, they were able to easily assign the correct addresses to each location, resulting in fewer shipping errors and timely deliveries.

4. Utilize Parent-Child Relationships for Locations

Utilizing parent-child relationships for locations in NetSuite can help organize and manage your company’s locations more efficiently. Here are the steps to set up parent-child relationships for locations:

1. Navigate to the Locations page in NetSuite.
2. Select the desired parent location.
3. Click on the “New Sublocation” button to create a child location.
4. Enter all necessary details for the child location.
5. Save the new sublocation.

By creating parent-child relationships, you can easily track and manage inventory, sales, and financial data at both the parent and child location levels. This allows for better reporting and analysis. It is recommended to establish a clear hierarchy and naming convention for locations to ensure consistency and ease of use.

How to Manage and Edit Existing Locations in NetSuite?

In NetSuite, managing and editing existing locations is a crucial aspect of maintaining accurate and organized records. In this section, we will discuss the various ways to manage and edit existing locations in NetSuite. We will cover how to edit location details, how to inactivate or delete a location, and how to assign multiple locations to transactions. With these tools, you can easily maintain and update your company’s location information in NetSuite.

1. Edit Location Details

When managing locations in NetSuite, editing location details is an essential task. Follow these steps to easily edit location details:

1. Navigate to the Locations page in NetSuite.
2. Select the location that you want to edit.
3. Click on the “Edit” button for that location.
4. Make the necessary changes to the location details, such as the name, address, or contact information.
5. Review the changes and ensure the accuracy of the updated information.
6. Save the changes to update the location details in NetSuite.

By following these steps, you can efficiently edit location details in NetSuite and keep your location information up to date.

2. Inactivate or Delete a Location

When using NetSuite, there may come a time when you need to inactivate or delete a location. To accomplish this task, follow these steps:

1. Access the NetSuite dashboard
2. Go to the “Locations” page
3. Select the desired location for inactivation or deletion
4. Click on the “Edit” button
5. Scroll down to the “Status” field
6. Choose “Inactive” to inactivate the location or click on “Delete” to remove it
7. Save your changes

By following these steps, you can easily inactivate or delete a location in NetSuite, ensuring your records are organized and up to date.

3. Assign Multiple Locations to Transactions

To assign multiple locations to transactions in NetSuite, follow these steps:

1. Navigate to the transaction you want to assign locations to.
2. Click on the “Locations” field to open the location selection window.
3. Select the desired locations from the list by checking the boxes next to their names.
4. Click “Save” to apply the chosen locations to the transaction.
5. If needed, you can also remove locations by unchecking the boxes or add additional locations by selecting them.

By assigning multiple locations to transactions, you can accurately track inventory and determine stock availability across different locations.