Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
Intelligent Payment Automation, powered by BILL (aka Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
Best practice for handing bills booked by one subsidiary, but paid out of another subsidiary?
Hi all-
This is my first post on Netsuite. Hi! We have a fairly new accounting team and are having issues reconciling interco on Netsuite. We are missing some elimination entries and in general don't know if things were booked in the best way using Netsuite capabilities. We have OneWorld so we do have auto elimination. Here are my questions:
1. I'm wondering what is everyone doing to record and eliminate intercompany bills - if the expense is for Sub A, but paid from Sub B, what is the best practice for recording this and how is it eliminated? In the past, we have been booking the bill to expense in Sub A, bill paying that bill from Sub A, and creating an interco entry to debit cash in Sub A and credit cash in Sub B so our bank recs tie. Is this best practice in NS? Also, how are you guys eliminating this at the end of the