Optional Steps for Audit Insights in NetSuite 2026.1

The introduction of optional steps in NetSuite 2026.1 streamlines the audit process by providing administrators with enhanced functionalities for managing audits and gaining insights. This update allows users to specify various aspects of each audit, ensuring thoroughness and clarity.

Overview of Optional Steps

In the context of audit management, the following optional steps can be taken:

• Audit Supporters Selection:

  • Choose one or multiple individuals from the Audit Supporter list who will assist in the audit process.

• Subsidiary Association:

  • Select the relevant subsidiary linked to the audit, which is vital for proper financial tracking.

• Location Specification:

  • Select a location associated with the chosen subsidiary. If multiple locations exist, a list can be accessed through Setup > Company > Locations.

• Department Selection:

  • Choose a department relevant to the audit via the Department list, with a reference list available under Setup > Company > Departments.

• Class Association:

  • Assign a class that pertains to the subsidiary from the Class list, accessible via Setup > Company > Classes.

• File Attachments:

  • Attach necessary documents by using the Attachments field. Multiple files can be uploaded, accommodating up to 20 individual files, each with a maximum size of 10 MB. After saving the audit, users can view these attachments by clicking View Attachments.

Using Generative AI for Audit Insights

NetSuite 2026.1 also introduces the ability to leverage Generative AI for summarizing audits. This feature automates the process of gathering audit insights, significantly reducing manual effort.

How to Generate Audit Summaries with GenAI:

1. Initiate Audit Creation: Start by entering the necessary information on the Create Audit page.
2. Text Enhance Feature: Click the Text Enhance button adjacent to the Audit Insights field.

Warning: Avoid modifying the standard prompts in Prompt Studio to prevent inconsistencies in generated summaries and to ensure future compatibility with updates.

Options for Enhancing Audit Summary:

• Summarize Audit: Generates a comprehensive summary using existing data.
• Clean Up: Polishes the text for grammar, spelling, and style improvements.
• Make Longer: Expands summaries into detailed content.
• Make Shorter: Condenses summaries into concise formats.
• Undo Feature: Restores the last modification if necessary.

Final Note

These optional steps not only improve the management of audits but also enhance the quality of audit insights through automation and structured processes. By integrating these features, NetSuite users can ensure more efficient and organized audits.

Who This Affects

• Administrators: Gain better control over audit management processes.
• Compliance Officers: Benefit from automated insights, reducing manual tasks.
• Accountants: Find improved functionality in tracking audit-related data.

Key Takeaways

• Optional steps enhance the audit process by allowing detailed customization.
• Up to 20 file attachments can be uploaded per audit, making documentation easier.
• Generative AI helps automate audit summaries, improving efficiency.
• Maintain integrity by avoiding prompt modifications in the AI summary feature.
• Facilitates better audit clarity through detailed associations with supporters, subsidiaries, locations, departments, and classes.