New to NetSuite | Creating Intercompany Allocation Schedules

Intercompany allocation schedules are used to distribute balances from a single source subsidiary across multiple destination subsidiaries, typically for recurring shared expenses such as rent. When either the source or destination subsidiaries are linked to shared vendor records, the allocation can be aligned with those associations, allowing you to designate vendors connected to the selected subsidiaries as part of the distribution setup.

To create intercompany allocation schedules, the Expense Allocation feature must be enabled in your NetSuite OneWorld account.

1. To set up a new schedule go to the Create Allocation Schedules page.

• NetSuite: Navigate to Transactions > Financial > Create Intercompany Allocation Schedules