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.
Please note that on Saturday, April 18, 2026, at 8:00 PM Pacific Time, our Case Management System will undergo a scheduled maintenance for approximately 15 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.
NetSuite OneWorld – Correct Setup for Intercompany Eliminations (Elimination Subsidiary, AR/AP, Clea
Question / Case Description
We are using NetSuite OneWorld with multiple operating subsidiaries and one Elimination subsidiary (Intercompany, Elimination = Yes).
Our objective is to eliminate:
- Intercompany AR / AP
- Intercompany Sales / COGS
- Unrealized intercompany profit on inventory
All eliminations must occur only at consolidation level, without impacting operating subsidiaries.
Current Understanding / Observations
- We are using Advanced Intercompany Journal Entries with:
Header Subsidiary = Intercompany (Elimination subsidiary)
- NetSuite requires a Customer / Vendor on AR/AP lines, even for elimination journals.
- We observed that:
- An Elimination subsidiary cannot be selected as:
- Primary Subsidiary
- Represents Subsidiary
on Customer or Vendor records (by design).
- However, Customers/Vendors can be
Amjad Kasem
0