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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
What would be the key criteria for moving to multi-book accounting ?
Does the fact of having 2 subsidiaries in 2 different countries/currencies justify the move to full multi-book accounting? If not, what are the reasons / use cases for moving to full multi-book?
Accounting contexts seem to be a way to "translate" accounting in different reporting standards, but what are the limitations and when should it be avoided?
I would be interested in having a table summarizing the advantages and disadvantages of different accounting environments in dealing with multi-country and/or multi-currency subsidiaries (standard, accounting contexts, adjustment only books, full multi-book). In terms of consolidating, reporting on different standards, translating accounts, etc.
Thank you very much!
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