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• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
How to add service cost?
Hi,
We have a customer who has multiple subsidiaries across the continent. They want to avoid taxes in one of their entity that is in Europe. So we created a "clone" location, mimicing that subsidiary's and keeping the cloned location in US entity so that the costs are shown in US books. I understand that this may sound like a convoluted process, but here we are.
One of the processes that they do is they physically send the sub-assembly item to this EU location, where the EU entity bills US for services, say 7% of the total cost of the item. NetSuite does not have intercompany Work Order nor does it support intercompany Outsourcing, we were thinking of Outsource Manufacturing solution.
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