NetSuite 2024.1 Release Notes
A clear, business-first summary of the NetSuite 2024.1 release: around 70 documented changes across accounting, inventory, commerce, analytics, billing, and tax, plus the deadlines you need to plan for. Velaura breaks down what is new and what it means for your operation.
What is in the NetSuite 2024.1 release?
NetSuite 2024.1 is the first of the two major releases NetSuite ships each year. It introduces around 70 documented changes across roughly 15 functional areas, with the heaviest activity in inventory management, SuiteAnalytics, and commerce. The themes are clear: deeper analytics and reporting, smarter warehouse and inventory processes, stronger commerce and billing, and tighter security and global tax compliance.
NetSuite rolls releases out in phases, so accounts move to 2024.1 on different dates within the release window. Below we summarize the highlights that matter most to finance, operations, and commerce teams, flag the deadlines that need action, and explain what each change means in practice. If you would rather have someone apply and test these in your account, that is exactly what the Velaura NetSuite team does.
Key dates and action items in 2024.1
A few 2024.1 changes carry deadlines or require action. These are the ones worth putting on the calendar.
End of SMS and voice 2FA
As of March 1, 2024, SMS and voice-call two-factor authentication is retired. Affected users move to an authenticator app.
Domain verification by DNS
Domain verification shifts from HTTP to DNS challenges, tightening security and streamlining domain configuration.
External Suitelet URL changes
External Suitelet URLs change from May 9, 2024, and from July 30, 2024 some resolve methods require an authenticated session. Review custom scripts.
Outbound SuiteSignOn deprecated
Outbound Single Sign-On (SuiteSignOn) is on the deprecation path. Plan a move to supported authentication methods.
SuiteScript library changes
The Ext JS library is being removed and Record Customization (Beta) is no longer supported. Refactor affected customizations.
SuiteTax generally available
SuiteTax becomes generally available and can be enabled by administrators. Note that once enabled for the account it cannot be reverted.
Sharper reporting and revenue tools
2024.1 puts real weight behind SuiteAnalytics and the finance close, with more flexible reporting and cleaner revenue processes.
- ✓SuiteAnalytics enhancementsCalculated measures in the pivot grid, single sign-on to NetSuite Analytics Warehouse, URLs in data tables, and tag-based search.
- ✓Revenue recognitionField mapping enhancements, a CSV import assistant, and commit-plus-overage support for subscription revisions.
- ✓Accounting visibilityDeleted budgets become searchable in SuiteAnalytics, and applied transaction date and period reporting improves.
Smarter inventory, billing, and storefronts
The largest share of 2024.1 changes land in inventory and commerce, streamlining the warehouse and the buying experience.
- ✓Inventory & WMSBin transfers via carts, lot number generation at PO receiving, item weight capture, wave fulfillment options, and mobile WMS improvements.
- ✓SuiteBilling & order managementUplift pricing applied mid-term or at renewal, delta charge handling for quantity changes, and additional discount fields.
- ✓SuiteCommerceAuthentication and website setup enhancements, CPQ Configurator theme support, and Shopify duties in order item mappings.
2024.1 highlights at a glance
A quick tour of where the changes land, so you can jump to what matters for your team.
SuiteAnalytics
Pivot grid calculated measures, Analytics Warehouse single sign-on, URLs in data tables, enhanced tag search, and SuiteQL dataset export.
Inventory & WMS
Bin transfers via carts, lot number generation, item weight capture at receiving, wave fulfillment, and mobile warehouse process upgrades.
Commerce
SuiteCommerce authentication and site setup enhancements, CPQ Configurator theme integration, and SuiteCommerce InStore improvements.
Billing & order management
SuiteBilling uplift pricing mid-term or at renewal, delta charges by quantity, fulfillment cycle time report, and discount tracking.
Manufacturing
Advanced Manufacturing Tablet integrated with Quality Management, Costed BOM cost variance analysis, and Available to Build values.
Tax & localization
SuiteTax now generally available, Brazil certification for electronic invoicing, and expanded India and advanced localization features.
Authentication & security
End of SMS and voice 2FA, DNS-based domain verification, and the deprecation of Outbound SuiteSignOn.
Payment automation
Vendor prepayments, a visual payment status tracker, automated transaction fees, and the ability to reprocess payments without voiding.
Usability & AI
Text Enhance generative AI for content, NetSuite Guided Learning with 350+ guides, and favorites in dropdown lists.
Turning 2024.1 changes into real value
A release only helps if the right changes are adopted in the right way. Here is how a few 2024.1 highlights translate into outcomes.
SuiteAnalytics gets more powerful
Calculated measures, warehouse single sign-on, and richer data tables expand what you can report on.
Rebuild key dashboards to surface the metrics leadership actually asks for, with fewer exports and manual spreadsheets.
Smarter inventory and WMS
Bin transfers via carts, lot generation, and mobile process upgrades streamline the warehouse floor.
Tighten picking, receiving, and counts to raise accuracy and throughput without adding headcount.
SuiteBilling uplift pricing
Uplifts can now be applied mid-term or at renewal rather than only at set points.
Apply contracted price increases cleanly and protect recurring revenue without manual workarounds.
2FA and authentication updates
SMS and voice 2FA end and SuiteSignOn is deprecated, changing how users sign in.
Roll out authenticator apps and review integrations before deadlines so no one is locked out.
SuiteTax generally available
SuiteTax can now be enabled, but the switch is account-wide and cannot be reversed.
Assess the tax model in a sandbox first, then plan a deliberate move rather than flipping it on in production.
SuiteScript and URL changes
External Suitelet URLs change and unsupported libraries are removed on set dates.
Audit custom scripts and integrations now so nothing breaks when the deadlines arrive.
From release notes to a release plan
Reading the notes is the easy part. Applying them safely in a live account is where the Velaura NetSuite team comes in.
Release review
We map the 2024.1 changes to your account, configuration, and customizations to see what is relevant and what needs action.
Impact & risk check
We flag deadlines, deprecations, and any custom scripts or integrations that the release could affect.
Sandbox testing
We test the changes and any new features you want, such as SuiteTax, in a sandbox before anything touches production.
Adoption plan
We prioritize the features that deliver real value and build a plan to configure and roll them out.
Enablement
We configure the chosen features, update dashboards and workflows, and train your team on what changed.
Ongoing support
We stay on through the next release cycles, so each NetSuite update is an opportunity rather than a scramble.
A NetSuite partner who reads every release for you
New features only pay off when someone connects them to how your business runs. That is the work we do every release.
Business-first reading
We translate release notes into what matters for finance, operations, and commerce, not a wall of technical detail.
Working in Oracle ERP since 2013
More than a decade across NetSuite and the wider Oracle ERP family, through release after release.
Test before you deploy
We validate changes and new features in a sandbox so production stays stable through every upgrade.
Deadline aware
We track deprecations and cutoff dates so security and integration changes never catch you by surprise.
Adoption that sticks
We prioritize the features worth enabling and make sure your team actually uses them after go-live.
Support beyond the release
On-demand consultants keep your NetSuite account improving release after release.
Results from teams who trusted us
"They turned the release notes into a short list of what actually mattered for us, then enabled it. No more guessing each cycle."
"They caught the authentication and SuiteScript deadlines before they hit us. Our integrations kept running without a single outage."
"They tested SuiteTax in a sandbox and walked us through the trade-offs before we committed. That saved us from a costly mistake."
NetSuite 2024.1 questions
What is the NetSuite 2024.1 release?+
What are the most important features in NetSuite 2024.1?+
What deadlines should I know about in NetSuite 2024.1?+
Is SuiteTax now generally available in NetSuite 2024.1?+
What is Text Enhance in NetSuite 2024.1?+
Do I have to upgrade to NetSuite 2024.1?+
How do I prepare my NetSuite account for a new release?+
Can Velaura help us adopt NetSuite 2024.1 features?+
Want help making the most of NetSuite 2024.1?
Talk to a Velaura consultant about reviewing the release against your account, meeting the deadlines, and adopting the features that move your business forward.
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