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NetSuite launches new wholesale distributions solution in Japan in January 2026!
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
NetSuite 2026.1 Release Notes - This document summarizes the changes to NetSuite between 2026.1 and the previous release.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Intercompany Payables / Intercompany Receivables Balance is displaying in Balance Sheet
Why is this intercompany balance appearing here?
As far as I know, intercompany account balances remain on the balance sheet until the "Eliminate Intercompany Transactions" function is executed at the end of the accounting period. This process removes intercompany balances from the consolidated financial statements.
I have already completed the Eliminate Intercompany Transactions for the period, yet the balances still appear in the balance sheet when I set the COLUMN to Subsidiary.
However, when I set the COLUMN to Total, the intercompany accounts do not appear on the balance sheet at all. What could be the reason for this discrepancy?
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