Discussions
Creating Subsidiary Accounts in NetSuite
Is it possible to create subsidiary accounts for a G/L account in NetSuite?
If so, how?
Can this been done in any other accounting systems?
For example, can you create subsidiary accounts to track accrued loan interest (entered by journal entries) that are posted to an Accrued Interest G/L account?
I am NOT an accountant. I am passing on a question from an accountant, so if I have not worded something correctly, please feel free to correct me if you are an accountant.