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.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Update: Narrative Insights has been restored and is now available.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
How to manage Intercompany A/P, where Bills are booked in one Subsidiary and paid by other.
We are working in multi-subsidiary environment in India region only.
HO 1 is a Admin Office
And two child subsidiaries Branch1 & Branch2
each branch work independently except for some common vendors and customers.
Now there is a Vendor1 who supply material to Branch 1 & Branch 2.
and on monthly basis he issues bills separately to Branch 1 & Branch 2.
Each branch validate bill and then send bill to HO 1 who makes payment of the same.
So in summary Purchase bills are booked by each subsidiary & Payment is done by another subsidiary.
is there a way to manage this process flow in NetSuite.
Tagged:
0