Discussions
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!
Automated Intercompany Management
Hi,
I was wondering if anyone knew how to automate intercompany transactions? For example, subsidiary A pays certain expenses on behalf of subsidiary B. At month end, I have to create a massive journal entry to credit the expenses on sub A's books, and debit the expenses on sub B's books. I did some research to see if this was something NetSuite could do automatically, and came across an article that provided steps that included adding a field called "IC Sub" to a bill or JE, and specifying which subsidiary the line item should go to. NetSuite would then create a