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.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
AE: How to deal with Intercompany Clearing Account (Interco Transfer Orders)
Hi all,
This a question for best practice. I have had a ticket with NetSuite for a long time for this but they don't seem to know how to advise unfortunately.
We have values posting to the system-generated account Intercompany Clearing Account when posting Intercompany transfer orders. I understand from SuiteAnswers that we can view the values posted here as a Payable and Receivable in each subsidiary. I'm fine with that and it makes sense. The problem is, the account can't be selected for Intercompany Elimination (the checkbox is disabled) and all the communication on SuiteAnswers talks about Time and Materials and my clients finance team don't know what to do with this ever growing balance in each subsidiary.
0