Managing Multi-Entity Consolidation in NetSuite ERP: Strategies and Best Practices

In today’s global business landscape, many organizations operate with multiple subsidiaries, each having its own set of financials, operations, and reporting requirements. Managing financial data across multiple entities can be complex and challenging without the right tools and strategies in place. NetSuite ERP provides robust capabilities for multi-entity consolidation, enabling businesses to streamline financial reporting,… Continue reading Managing Multi-Entity Consolidation in NetSuite ERP: Strategies and Best Practices

Limitations: Multi Subsidiary Customer Feature

In NetSuite OneWorld, we can assign one primary subsidiary and multiple secondary subsidiaries to a customer or sub customer record. When you select a multi-subsidiary customer on a transaction, you can associate the transaction with any subsidiary assigned to the customer. Following are limitations in the Multi Subsidiary Customer feature:  Incompatible Features:  Consolidated Payments  Consolidated… Continue reading Limitations: Multi Subsidiary Customer Feature