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“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 data consolidation creates delays and errors in budget vs actual reporting. You can combine live NetSuite data with existing Google Sheets budgets automatically, eliminating the monthly manual process that slows down financial analysis.
Here’s how to build automated reports that update your budget comparisons without manual data manipulation.
Combine live NetSuite actuals with budget data automatically using Coefficient
Coefficient pulls NetSuite actuals directly into your budget spreadsheets through automated refresh schedules. This creates seamless budget vs actual reports that update continuously without manual data consolidation or formatting challenges.
How to make it work
Step 1. Import NetSuite actuals using the Reports method.
Pull Income Statements or Trial Balance data directly into your budget spreadsheet. Configure filters for specific accounting periods, subsidiaries, or departments to match your budget structure exactly.
Step 2. Map NetSuite data to your budget categories.
Use drag-and-drop column reordering to align NetSuite account data with your budget categories. The field selection capabilities let you import only relevant GL accounts that correspond to your budget line items, eliminating unnecessary data.
Step 3. Configure automated refresh schedules.
Set up daily or weekly data updates to ensure actuals remain current without manual intervention. This automated financial consolidation eliminates the monthly process of downloading and formatting NetSuite exports.
Step 4. Build variance calculations with live data.
Create formulas using the live NetSuite data alongside your budget figures to automatically calculate variances, percentages, and trends. The real-time data enables immediate identification of budget deviations as they occur.
Step 5. Handle complex multi-entity scenarios.
For organizations with multiple subsidiaries, use filtering to consolidate data appropriately. Custom fields can be mapped to specific budget categories, and SuiteQL queries enable complex data transformations when standard imports don’t meet specific reporting requirements.
Transform static budgets into live monitoring systems
Automated NetSuite integration provides stakeholders with current financial performance metrics without manual data manipulation. Your budget vs actual reports update continuously, enabling proactive financial management. Build your automated reporting system today.
