Intercompany Management

It is a feature provided by the Netsuite Oneworld, this feature helps to manage intercompany transactions and automatically generate elimination journal entries. Based on intercompany transaction lines and intercompany journal lines it automatically generates elimination journal entries. This feature helps to avoid the manual creation of intercompany transactions, tracking of intercompany transactions and manual creation and posting of elimination journal entries. Administrator role, Financial role with period closing privilege at the parent level can do Intercompany elimination.

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