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NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
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Intelligent Payment Automation, powered by BILL (formerly 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.
NSC | How to transfer Payables from Subsidiary A to Subsidiary B?
SCENARIO
User is tasked with transferring Payables from Subsidiary B (USD California Sub) to Subsidiary A (USD Parent Company) in OneWorld. This process involves creating intercompany transactions to accurately reflect financial obligations between subsidiaries. User is tasked to have Subsidiary A pay for one of Subsidiary B's Vendor Bill since sharing a bank account to other subsidiaries is not allowed under enhancement 148167 Lists > Accounting > Accounts > New/Existing > Type = Bank (or Credit Card) > Allow multiple subsidiaries and paying it with a Vendor Bill with another subsidiary is an enhancement 408976 OneWorld | Multi-Subsidiary Vendor | Transactions > Payable > Pay Single Vendor/Pay Bills > be able to Pay Bills of different Subsidiary.
