Discussions
Multi-Book enabling in SuiteTax account
Hi,
We currently have a NetSuite account with multiple subsidiaries in UAE. We are planning for implementing Indian subsidiary and converting the account to SuiteTax. Could you please mention what all must we consider for setting up Multi-Book accounting at this stage? How do we handle the existing subsidiary and what might be the limitations we might need to face from Multi-Book Accounting perspective?
I understand that Multi-Book support for SuiteTax Country Tax Reports is still in progress. Currency translation of Tax Amount fields on secondary books is also currently unavailable. Manual calculation (using formulas) is required when using saved searches/custom reports. I would like to know what all features of Multibook is supported in SUiteTax environment.