Tag: Automated Inter company Management

Intercompany management – Autogenerating Representing Entities

When we enable the Automated Intercompany Management feature, we can let NetSuite create and update representing entities for all active and inactive non-elimination subsidiaries. Representing entities are vendors and customers that act as agents for a selected subsidiary. The default entity name is the same as the subsidiary name, reduced in length to the field… Continue reading Intercompany management – Autogenerating Representing Entities

Cannot associate Sales Order with an Intercompany Purchase Order

Scenario While generating an intercompany sales order from the intercompany purchase order if an error message is encountered stating that “This Sales Order cannot be associated with an Intercompany Purchase Order and used for cross subsidiary fulfillment. Please remove association to the Intercompany Purchase Order from this Sales Order or uncheck cross subsidiary fulfillment checkbox… Continue reading Cannot associate Sales Order with an Intercompany Purchase Order

Automated Intercompany Update

Department field on the header of the supplier invoice to populate the department field on every line item of the IC journal. Populates the Department selected in Vendor Bill to the Department Field on all the Intercompany Journal Lines. Also, we can set the Journal date to the vendor Bill date(Trandate). So the Posting period… Continue reading Automated Intercompany Update

Currency of Elimination subsidiary

Scenario Choosing the currency while creating the elimination subsidiary. Solution The currency must be same base currency of the parent subsidiary. Moreover the elimination subsidiary must be created as the child of the parent subsidiary while checking the elimination box. All the other fields in elimination subsidiary are created filled in the same way as… Continue reading Currency of Elimination subsidiary

Define all Intercompany preferences

Scenario Unable to define all the intercompany preferences since it’s not available after enabling the Automated Intercompany Management feature. Solution If you enable Intercompany Framework feature along with Automated Intercompany Management feature, the Intercompany Preferences page adds four more subtabs which is required in defining the intercompany preferences. Whereas, when you use only the Automated Intercompany… Continue reading Define all Intercompany preferences