megaphone
Update your Profile with your Support type to get your Support Type badge.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Stay in the know of how NetSuite can help grow your business with our guides, webinars, and events. Subscribe Here
What Topic Should We Cover Next? Your idea could be our next feature—drop your suggestion now!
No Limits. Just possibilities. Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Discover what's next at SuiteConnect Tour 2026.
Try Intelligent Payment Automation – Fee Free For Your First Month For more information, visit this thread.
Don't miss out on our Question of the Week! You only have until tomorrow, March 19, 2026, 2:00PM ET to comment your answers.

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!
Stay in the Know

Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe

Intercompany Transfer Pricing Issue

edited Nov 28, 2019 11:51AM in Accounting / ERP 14 comments

Has anyone else noticed an issue with intercomany transfer pricing in OneWorld?  If transfer price is not at cost, consolidated reports are inaccurate.  How do people deal with this and determine the elimination entry required to correct?

Here is a scenario:

Parent Company
• Inventory item cost = $10/unit
• 10 units for a total cost of $100

Parent Company transfers 2 unit to Child Company with a transfer price @ $22.
This creates the following entries:
Fulfill (Parent)
                Dr Inv in Transit                  $44
                Cr. Inv Asset                       ($20)
                Dr. Rev                                 ($24)
Receipt
                Cr. Inv in Transit                ($44)      (Parent)
                Dr. Inv Asset                      $44        (Child)
                Dr. InterCo                          $44        (Parent)
                Cr. InterCo                          ($44)      (Child)

This would give a total inventory value of:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 1 (Jan-Mar 2026)

This Week's Leaders

This Month's Leaders

All Time Leaders