Discussions

Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more

intercompany GL

edited Dec 4, 2023 9:39AM in Ask A Guru 3 comments

Hi There

I am setting up the chart of accounts for a NS one world account where there are multiple subsidiaries operating with different currencies.

The intercompany management feature has been enabled so I can see this box on all of the GL accounts in the Chart of Accounts:


  1. Which account types do I need to have this box checked on?
  2. When it comes to loans from subsidiary 1 to subsidiary 2 (and the asset from the point of view of subsidiary 1), what should the subsidiary be set up as on the GL account ?

Should it be the parent subsidiary of the group with 'include children' ticked?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 4 (Oct-Dec 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders