)
Written by
Table of Contents
“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
Manual financial statement exports create workflow bottlenecks for accounting teams and risk delays in critical financial reporting. Daily automation ensures consistent financial statement availability without manual intervention.
Here’s how to set up automated daily exports that deliver fresh financial statements before your team arrives each morning.
Set up daily financial statement automation using Coefficient
Coefficient provides direct NetSuite report automation for standard financial statements through its Reports import method, specifically designed for Income Statements, Trial Balance, and General Ledger exports with daily scheduling capabilities.
How to make it work
Step 1. Configure standard financial report imports.
Use the Reports Import method to access Comparative Income Statement, Income Statement, Trial Balance, and General Ledger reports. Configure accounting books, reporting periods, subsidiaries, and view modes for accurate financial statement generation.
Step 2. Set up daily automated scheduling.
Configure daily automated refresh at specified times, typically early morning before business hours. This ensures financial statements are available for morning executive reviews without manual export processes.
Step 3. Create multi-statement workflows.
Import multiple financial statements into separate sheets within the same workbook for comprehensive financial reporting. This creates a complete financial reporting package that updates simultaneously.
Step 4. Configure reporting parameters.
Set up customizable reporting periods for monthly, quarterly, and annual financial statements. Configure multi-subsidiary consolidation for enterprise financial reporting with proper department and location filtering.
Step 5. Schedule during off-peak hours.
Time your automated exports to run during off-peak hours to reduce NetSuite system load. This ensures reliable report generation without impacting peak business operations.
Step 6. Set up historical data retention.
Use Google Sheets’ data retention capabilities to maintain historical financial data for trend analysis. This creates an automated backup of critical financial data outside the NetSuite environment.
Eliminate manual export bottlenecks
Daily automation ensures consistent financial statement availability without depending on NetSuite’s performance during peak business hours. CFOs, controllers, and accounting managers get reliable access to current financial data without manual processes that can be forgotten or delayed. Start automating your financial statements today.
