Setting the Subsidiary for Payroll
If you use NetSuite OneWorld, you can specify the subsidiary or root-parent company for which payroll is run. After you select a subsidiary, the other preferences that you set on the Set Up Payroll page apply to only that subsidiary.
Each subsidiary must have:
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Unique Employer Identification Number (EIN) from the U.S. Internal Revenue Service (IRS)
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Unique Vendor Name for each tax agency. For example, you have two subsidiaries located in California. You need two uniquely named Vendors for the IRS, and two uniquely named Vendors for the California Franchise Tax Board.
For more information about subsidiaries and OneWorld, see NetSuite OneWorld
To select a subsidiary for payroll:
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Go to Setup > Payroll > Setup Tasks > Set Up Payroll.
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From the Subsidiary list, select a subsidiary. This list displays only US subsidiaries.
Related Topics
- General Payroll Preferences
- Setting up Automatic Catch-up Over Age 50 Calculations
- Enabling Employees to Update Direct Deposit Information
- Specifying When Employees Can View Paychecks
- Setting Default Accounts for Payroll
- Setting Preferences for Jurisdictions
- Setting Specific Tax Rates
- Setting Up Email Alerts for Payroll Issues
- Payroll Preferences