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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Multiple ledgers for a single subsidiary
Hi,
I would like to know how I can handle multiple ledgers for a single subsidiary in NS one world
Basicaly I want to have the statutory ledger closed, and then book some entries that will not affect the original ledger.
I need this to provide a ledger for Brazil statutory, another for US GAAP and another for IFRS.
Any idea?
The differences will be the account groups, which is easy to handle through custom reports, assets lifetime for depreciation, and an adjustment in the revenue due some diferences in revenue recognition methodologies.
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