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Is there a standard Multi-book Trial Balance and Multi-book Ledger?
MB is enabled. I saw in the financial reports that there is a comparative report between Primary Book and Secondary book using MB Balance Sheet and Income Statement. 1) Is there a standard Multi-book Trial Balance and Multi-book Ledger? 2) If none, can it be customized with using script? Thank you!
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Secondary book amortization schedule date issue
Hi, If an amortization schedule is set on the item record, it gets defaulted on the bill item line. With this setup, after creating a bill netsuite automatically creates amortization schedules for both the primary and secondary accounting books, which is good. However the behavior differs between the books: - The primary…
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NetSuite Vietnam Localization – What Global Teams Must Understand Before Rolling Out in Vietnam
Rolling out NetSuite to a Vietnam subsidiary is often more complex than expected. Vietnam is not only a “local statutory country” – it is currently in a regulatory transition phase, which has direct implications on ERP architecture decisions. Below are practical insights for NetSuite administrators, finance leaders, and…
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Different period type for different book in Multi-Book??
Hi Is it possible (either native or workaround) to have 2 different type of period set for each book in full multi-book module? Use case: We have 2 books - Primary book - IFRS and Secondary book - Local GAAP Can I generate financial report based on below scenario? Primary book - IFRS reporting with 4-4-5 weeks period…
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Best approach to deploy a new accounting book in Multi-book when already in Production
Hello colleagues, I have customer who has been in Production for several months. Since they went live they had Multi-book with two accounting books active. As they were going live with Multi-book since day one we didn't request HTP to be provisioned. However a government control agency is requesting now to add a third…
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Multi-Book enabling in SuiteTax account
Hi, We currently have a NetSuite account with multiple subsidiaries in UAE. We are planning for implementing Indian subsidiary and converting the account to SuiteTax. Could you please mention what all must we consider for setting up Multi-Book accounting at this stage? How do we handle the existing subsidiary and what…
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Multiple destination account in global accoount mapping multi-book accounting
Hi! Is it possible to add multiple destination accounts when doing global account mapping in multi-book accounting?
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book specific je saved search - account number
we are trying to create a transaction saved search. the book specific transactions are not showing the account number. when we try to join "Multi book acconuting transaction fields" we don't see an option to choose account number. how can i bring the account number? is there a field i can create? if so on which table
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Different currency for statutory books
Hello, does NS have an option where statutory books can have a different currency from primary books? We have an international entity with USD functional currency, but the statutory books should be in the local currency.
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Secondary Book and Adjustment Book
Hello Friends, I have the below requirement. I wanted to open 2 new subsidiary in the Adjustment book from 01/01/2024. Also, wanted to inactivate those 2 subsidiary from the Secondary book later in 2024. Is there any impact ? Does the Secondary keep duplicating the date till we inactivate those 2 subsidiary from the…