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Account to Alternate Account mapping vs Accounting Context

edited Sep 17, 2021 4:47PM in Accounting / ERP 6 comments

We use NetSuite standard version and are a wholly US company with USD as our Currency. We were acquired by another company that uses NetSuite OneWorld, wholly US company with USD as their base currency (and use no other currency). They do not use Multi-Book. We are a Subsidiary on their books. For the next 18 - 24 months we will continue to record our transactions on our standard instance of NetSuite and provide them a file to upload.

They are manually mapping our accounting transactions to their chart of accounts, then loading into their NetSuite OneWorld instance.

If they turn on the SetUp>Company>General Preferences, Accounting Context and define a "Name", then could they use that Name on the Account under Localization and map our account number to their Account?

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