Core Deposit Framework for NetSuite.
Core Deposit Framework Solution
Simplifying Core Inventory Systems with NetSuite.
Our Core Deposit Framework Solution simplifies operations by automating the generation of core deposits and charges during order creation.
By offering crediting options based on core collection and charges, along with ensuring tax accountability, it enhances accuracy, efficiency, and compliance, ultimately leading to an improved customer experience.
Full NetSuite ERP Integration
Seamlessly integrate this solution in your ERP and customize data and interface to accommodate your unique business workflow.
Full Inventory Accuracy
Automatically classify inventory items while associating attached cores as ‘charge” items to keep item counts accurate and up-to-date.
Track and Process Returns + Charges
Create dual inventorial updates when a product is returned or has reached end-of-life, logging both inventory and charge updates.
Key Features
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Streamlined Operations
Our solution automates the management of core deposits, reducing manual tasks and streamlining operations.
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Enhanced Accuracy
Ensure greater accuracy in tracking and reconciling core deposits throughout your operational workflow.
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Real-Time Reports
Take advantage of complete core accountability throughout the product's life-cycle.
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Efficient Return System
Streamlined returns system for customers that incorporates automated charges and inventory updates.
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Seamless Deposit Creation
Automated core deposit and charge generation concurrently with order creation.
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Tracked Charges
Track charges and costs directly in your customized NetSuite instance.
Transform your Operations.
Whether dealing with core deposits with manufactured products and assembly lines, damaged or recycled items in wholesale distribution, or any other industry instance – our solution is fully customizable.
Leverage an optimized interface as well as the significant data your company needs to ensure a successful workflow for your team.
Industry Applications
How the Core Deposit Framework Works in NetSuite
A core deposit is a refundable charge on a returnable part — common in automotive and remanufacturing — credited back when the used “core” is returned. Beyond Cloud’s Core Deposit Framework lets NetSuite charge, track, and refund core deposits automatically across sales and returns.
- Charge the core — add a core deposit to the sale of a returnable part automatically.
- Track returns — monitor which cores are outstanding and which have been returned.
- Process credits — issue the refund or credit when the used core comes back.
- Reconcile — keep core liabilities and inventory accurate across the whole cycle.
Frequently Asked Questions
What is a core deposit or core charge?
A core deposit is a refundable charge on a returnable part, common in automotive and remanufacturing, that is credited back when the used core is returned. Beyond Cloud’s Core Deposit Framework automates it in NetSuite.
Does NetSuite handle core charges natively?
Not fully. Beyond Cloud’s Core Deposit Framework adds automated core charging, return tracking, and credit processing to NetSuite.
How are core returns and credits processed?
The framework tracks outstanding cores and issues the refund or credit automatically when the used core is returned, keeping liabilities accurate.
Which industries use core deposits?
Automotive parts, remanufacturing, and heavy-equipment businesses — see our Automotive page.
Does it keep core liabilities accurate?
Yes. It reconciles core charges, returns, and credits so your inventory and financial liabilities stay correct throughout the cycle.
