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Reminder: Electronic Bank Payments SuiteApp Primary Bank Setup for Multiple Subsidiaries in OneWorld

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This notice is intended for customers that are using the NetSuite Electronic Bank Payments (EBP) SuiteApp. This change will affect OneWorld accounts that use multiple subsidiaries.

What is Changing?

As of 2020.1, for multi-subsidiary customer and vendor accounts, you will be able to assign a primary bank to each subsidiary. The Entity Bank Details page will be renamed to Bank Details, and a new required multi-select field, Subsidiary, will be added to this page.

After this update, you will be able to perform the following actions:

  • Use the Subsidiary field to assign one or more subsidiaries to a bank. This will enable you to assign one primary bank to each subsidiary for accounts with multiple subsidiaries.

Regards,

@Robert Nedelkow-Oracle | NetSuite Support Community Administrator

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