Setting Up Financial Exception Management
Financial Exception Management (FEM) is currently a limited release feature that’s not available to all customers. Eligibility depends on data volume and model training readiness; accounts with a large amount or insufficient historical data may be restricted. If you can’t access FEM, contact your NetSuite Account Manager for guidance and next steps.
Additionally, FEM is a production‑only feature and can't be enabled in Sandbox Accounts because those environments typically lack the required historical transaction data (approximately 18 months) needed for model training and inference.
To enable Financial Exception Management (FEM):
After FEM is enabled, it immediately starts learning your transaction patterns based on your historical transaction data from the past 18 months.
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Go to Setup > Company > Enable Features (Administrator) and click the Accounting subtab.
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In the Advanced Features section, check the Financial Exception Management box. You may need to scroll down the page to find the feature.
Note:Ensure the ACCOUNTING PERIODS feature under Basic Features is enabled before activating FEM. For more information, see Accounting Period Management
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Click Save.