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Multibook vs Adjustment Only book
Hi Team, Is there any reference or knowledge base available on SuiteAnswers to summarise the differences between Multi-Book and Adjustment only book pros and cons and what use case suits either best? Best, Islam
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Re-run depreciation after edit and delete depreciation history record
Hi Team, Kindly advise on this issue related to re-run depreciation after edit and delete depreciation history record in the fixed asset module. Previously, I did the adjustment (edit & delete) of the depreciation history record on fixed assets due to incorrect input in the schedule. Kindly note that before the adjustment,…
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Adjust-Only Book Saved Search
We are using adjustment-only book and we have this transaction saved search with the following criteria and results. The issue is it doesn't include the book-specific entries due to the filter "Account Type" I tried recreating it on the using Multi-Book Accounting Transaction Saved Search, but the problem is there is no…
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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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Is it possible to assign a different fiscal calendar between accounting books?
Hi, Our default fiscal calendar is Jan to Dec, however, we have a new subsidiary with a fiscal calendar of Apr to Mar. Is it possible to set the main book with the default Jan to Dec and the local book Apr to Mar? Please advise of the steps. Thank you. Regards,
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Currency Purchase
I have the following case: I buy dollars through a bank. The bank issues an invoice for the amount of dollars purchased, but issues it in pesos at an exchange rate. Example: if I buy $100 USD with an exchange rate of $16.45 pesos MXN, the bank issues an invoice for the amount of $1,645 pesos MXN. I pay that bill in dollars…
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workflow to lock journal only in primary book
Dear all I have a workflow that will lock the journal when approval status is approved but I want this action only for journal posted in primary book. I have added the condition but the approved journals in primary and adjustment book all are not locked. Does anyone have this issue ?
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Wrong exchange rate on item fulfillment
I have this scenario with multi book accounting: Issue: NetSuite is using a wrong currency exchange rate in the item fulfillment, creating a wrong impact in a secondary accounting book that uses a different currency. Description: Subsidiary base currency (Primary book) = CRC Secondary book currency = USD I created a Sales…
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NSC | Define different base currency on secondary book
Scenario User has Full Multi-Book Accounting feature enabled and wants its statutory/secondary books to have a different currency from its primary book. However, user couldn't find the option to specify a different currency for statutory books on the Subsidiary page. The only choice available is to select the base…
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How can I run a trial balance in US Dollar for subsidiaries with British Pound base currency?
My customer is trying to run a trial balance in US Dollar for their subsidiaries in UK (base currency British Pound). I found and workaround on suite answers: https://suiteanswers.custhelp.com/app/answers/detail/a_id/64899/loc/en_US They have multibook and I am not 100% sure their numbers are matching this way. Could you…