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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.”
NetSuite captures your expense and revenue data but struggles with the complex calculations needed for accurate burn rate analysis. Monthly burn rates, rolling averages, and trend projections require formulas that NetSuite simply can’t handle natively.
Here’s how to build real-time burn rate calculations that update automatically with your latest NetSuite financial data.
Pull NetSuite financial data into spreadsheets for advanced burn rate modeling using Coefficient
Coefficient connects NetSuite financial data directly to Google Sheets, where you can build sophisticated burn rate calculations. The live connection ensures your analysis reflects current spending patterns while spreadsheet formulas handle the complex math NetSuite can’t do.
How to make it work
Step 1. Import your expense and revenue data.
Use Records & Lists to pull Transaction records including Bills, Expenses, and Journal Entries with date filtering for rolling 12-month data. Also import Customer Payment and Invoice records to calculate net burn versus gross burn rates.
Step 2. Set up automated data refresh schedules.
Configure daily or weekly refresh schedules to ensure your burn rate calculations reflect the most current financial position. The automated updates eliminate manual data entry while maintaining accuracy for executive reporting.
Step 3. Build advanced burn rate formulas.
Create Google Sheets calculations for monthly recurring burn rates, 3-month and 6-month rolling averages, burn rate trend analysis, and department-level breakdowns. Use SuiteQL Query capability for complex data joins between expense categories and time periods.
Step 4. Create trend analysis and projections.
Build formulas that identify seasonal patterns, calculate burn rate acceleration or deceleration, and project future cash needs based on current spending trends. Add conditional formatting to highlight when burn rates exceed budget thresholds.
Enable proactive cash management with dynamic burn rate dashboards
Real-time burn rate calculations give CFOs the insights needed for proactive cash management decisions. Instead of waiting for monthly reports, you get current data that reflects actual spending patterns. Build your automated burn rate dashboard today.
