AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** From the conversations, it seems that there are several challenges faced by NetSuite users in managing financial exceptions. One of the challenges is the demand for advanced revenue management/recognition, which is driven by a recent accounting standard. However, the conversation does not provide specific details about the standard or how it impacts financial exception management. Another challenge is related to the comparison of budgets versus actuals. The conversation suggests that there are no great workarounds within NetSuite for this issue. One suggested workaround is to run the financials, extract the data to Excel, and compare the budgets and actuals there. Another suggestion is to add the budgets and actuals as two columns, but they may not line up correctly. Switching the classification over is another option, but it is described as a painful process. The recommended approach is to book Journal Entries (JE's) to move out of the class to a no class and into the new custom segment, instead of trying to update historical transactions. Lastly, the conversation mentions a tool called SuiteReport that can help with financial exception management. This tool connects Excel directly to NetSuite in real-time, which can help to speed up the month-end close process, eliminate manual reconciliations and custom scripts, and provide reusable Excel templates auto-populated with live NetSuite data. It also offers AI-generated variance analysis and instant drilldowns. However, this is a third-party tool and not a built-in feature of NetSuite.