NetSuite Product Update – July 2026 – What’s New in NetSuite?

Welcome back to our monthly NetSuite product update series from Eureka Solutions. Each month, we bring you the latest features, enhancements, and important changes across NetSuite, helping you get more value from your system and stay ahead of upcoming releases. 

Smarter Exception Management 

Managing exceptions is now even more intuitive with several usability enhancements to Exception Management. 

This month’s updates include: 

• A new Has Memo filter for quicker searches 

• Favourite options for frequently used filters 

• The ability to open exception details directly from supported transaction pages using the View Details banner 

Administrators also have greater control over Vendor Information Change exceptions. New preferences allow you to: 

• Show or hide Vendor Information Change exceptions 

• Set minimum amount thresholds 

• Exclude selected transaction types for Vendor Bills and Vendor Payments 

These improvements help finance teams identify and resolve exceptions more efficiently without interrupting their workflow. 

AI Descriptions for Custom Records and Fields 

NetSuite continues to expand its AI capabilities with the introduction of AI Description fields for custom records, custom fields, and custom transaction definitions. 

These descriptions help NetSuite AI understand the purpose of your custom objects, allowing AI-powered tools such as the NetSuite AI Connector Service to deliver more accurate and meaningful responses. 

For organisations making greater use of AI, taking the time to add clear descriptions can significantly improve the quality of AI-assisted insights and answers. 

Automated Tax Adjustments for Term Discounts 

Finance teams can now automate another previously manual process with enhancements to SuiteTax. 

When customers qualify for an early payment discount, NetSuite can now automatically generate credit memos for both the discount and any associated tax adjustment. 

Depending on your configuration, you can choose to: 

• Create adjustments for the discount only 

• Include both the discount and tax adjustment within the same transaction 

The result is less manual calculation, improved tax accuracy, and a smoother accounts receivable process. 

Electronic Invoicing Expands Across Europe 

The EU Electronic Invoicing SuiteApp continues to broaden its compliance capabilities. 

This month’s release introduces support for: 

• France – including inbound and outbound bills, bill credits, invoices, and credit memos 

• Poland – supporting outbound invoices and credit memos through the Krajowy System e-Faktur (KSeF) 

These updates make it easier for organisations operating across Europe to stay compliant while streamlining electronic invoicing processes. 

New SuiteAnalytics Connect ODBC Driver 

If your organisation uses SuiteAnalytics Connect with ODBC drivers, an important update has been released. 

New driver versions include security enhancements and fixes for a recently identified vulnerability, helping to ensure continued security and reliability. 

We strongly recommend upgrading to the latest driver versions if you haven’t already to benefit from the latest improvements and security protections. 

New Finance Analyst Skill for NetSuite AI Connector Service 

AI continues to play a growing role within NetSuite with the introduction of the new Finance Analyst Skill for the NetSuite AI Connector Service. 

Designed specifically for finance teams, it helps users work with NetSuite data to support activities such as: 

• Financial close processes 

• Bank reconciliations 

• Cash reporting 

• Executive summaries 

It’s another step towards making AI a practical day-to-day assistant for finance professionals. 

Need Help with Any of These Updates? 

At Eureka Solutions, we help businesses stay up to date with every NetSuite release – from adopting new features and AI capabilities to ensuring your finance processes remain efficient and compliant. 

If you’d like to learn more about any of this month’s updates, our team of NetSuite experts would be happy to help.