Subsidiary hierarchy change – knowledgebase JJ

Subsidiary Hierarchy Change – Implications

As highlighted by Oracle NetSuite, modifying the subsidiary hierarchy is a highly complex and sensitive operation. Oracle itself has stated that: “The consequences of implemented modifications are outside the scope of any support made available to your organization by Oracle, and your organization is solely responsible for the effect of such modifications on your organization’s use of the… Continue reading Subsidiary Hierarchy Change – Implications

PROPOSAL FOR NETSUITE SUBSIDIARY HIERARCHY CHANGE & PDF CUSTOMIZATION

PART 2.1 – How do you want to organize the hierarchy for each account type?

You can define a parent account on each account record. A parent account must have the same type as the subaccount. You cannot change the account type for an account that has associated posting and non-posting transactions such as sales order and revenue commit. The hierarchy for each account type in NetSuite can be organized… Continue reading PART 2.1 – How do you want to organize the hierarchy for each account type?

Change the sub-Subsidiary to another parent Subsidiary

Subsidiary Hierarchy Planning

Before creating the subsidiary, we must have planning regarding the hierarchy of the subsidiaries. We must define the parent, child, and its structure. The important points we have to note before going to create the subsidiary are, The country we select while creating the subsidiary is automatically determines the first tax nexuses and NetSuite edition… Continue reading Subsidiary Hierarchy Planning

Subsidiary Reorganization

This topic includes the details about the subsidiary reorganization or subsidiary hierarchy change and the steps to be followed in doing subsidiary hierarchy change.