Default Intercompany Accounts

DEFAULT INTERCOMPANY ACCOUNTS Need to set the default accounts for intercompany transactions the set accounts will reflect in transactions. Navigation for default Intercompany Accounts Setup -> Accounting -> Intercompany Preferences and select (Accounting Tab)

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