In the previous article, we discussed how intercompany vendor bills and sales invoices support automated intercompany elimination in NetSuite (New to NetSuite | Automating Intercompany Elimination in NetSuite). Before these transactions can be properly paired, the invoice and vendor bill forms must first be configured to display the Paired Intercompany Transaction field.
In this article, we will walk through how to customize invoice forms in NetSuite to prepare them for intercompany transaction pairing. This setup helps users accurately match related intercompany transactions between subsidiaries and supports more efficient intercompany accounting processes.
To customize the invoice form:
1. Go to the Invoice creation page.
- NetSuite: Navigate to Transactions > Sales > Create Invoices
- NetSuite Next: Click Explore (hamburger icon in the bottom left corner beside the home button). In the menu, go to Transactions > Sales > Invoices, then click Create Invoice.
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NetSuite Next:
2. Customize the form.
- NetSuite: Hover your mouse to Customize and then click Customize Form.
- NetSuite Next: Click the ellipsis, Customize > Customize Form
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NetSuite Next:
3. On the Screen Fields subtab, check the Paired Intercompany Transaction box
4. Click Save.
Customizing the invoice form to display the Paired Intercompany Transaction field is an important step in preparing intercompany transactions for proper pairing in NetSuite. This setup helps users efficiently connect related intercompany records and supports more accurate transaction management between subsidiaries.
In the next article, we will continue the setup process by discussing how to customize vendor bill forms for intercompany transaction pairing.
Make sure to follow the New to NetSuite > Advanced Accounting & OneWorld category to stay updated on best practices and new features.
