Automated Intercompany Management Feature

Intercompany

The system identifies transaction lines that require elimination:​

  • Journal Entry​
  • Sales Order (invoice)​
  • Purchase Order (billed)​

 

Enabling the Automated Intercompany Management feature adds the following:​

  • Cumulative Translation Adjustment-Elimination (CTA-E) account is added to your chart of accounts.

  • Eliminate Intercompany Transactions is added as the last task in the Period Close Checklist.

  • Eliminate box displays for journal lines on standard and advanced intercompany journal entries.

  • Represents Subsidiary field is added to Customer and Vendor records.

  • Intercompany Status and Paired Intercompany Transactions fields are added to Sales Order, Purchase Order, Return Authorization, and Vendor Return Authorization forms.

  • Eliminate Intercompany Transactions box is added to the Account form.

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