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!
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Stay in the Know
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Guidance on Handling Cross-Subsidiary Expenses in NetSuite
Hi Team,
We have a scenario involving Parent Subsidiary A and its child Subsidiary B. Employee ABC is legally employed under Subsidiary A for payroll purposes. However, at times, this employee incurs expenses on behalf of Subsidiary B (and in this case the customer is not known but only conducting services to the subsidiary itself).
Currently, Subsidiary A reimburses the employee, but from an expense ownership perspective, these costs should correctly be attributed to Subsidiary B.
Could you please advise on the best practices for handling this in NetSuite under the following scenarios:
- When no A/R or A/P transactions are expected to be generated.
0