Multi-Subsidiary Customer Support for Automated Intercompany Management
The Automated Intercompany Management feature enables you to manage intercompany transactions and automatically generate elimination journal entries. With this feature enabled, NetSuite automatically generates elimination journal entries based on the intercompany transaction lines and intercompany journal lines marked to be eliminated. As part of the period close process, NetSuite evaluates the activity in your intercompany accounts. Then, NetSuite creates the journal entries to eliminate artificial profit and loss amounts.
When you create intercompany transactions, the Subsidiaries list on the transaction provides all of the subsidiaries assigned to the customer.
For information about the Automated Intercompany Management feature, see Automated Intercompany Management.
Related Topics
- Multi-Subsidiary Customer Feature Limitations
- Best Practices for Using the Multi-Subsidiary Customer Feature
- Enable the Multi-Subsidiary Customer Feature
- Customer Balances for Assigned Subsidiaries
- Customer Searches for Multi-Subsidiary Customers
- Customization of the Subsidiaries Subtab on the Customer Record
- Mass Create and Update Multi-Subsidiary Customers
- Multi-Subsidiary Customer Vendor Entities
- Multi-Subsidiary Customer Hierarchy
- Transactions Available for Multi-Subsidiary Customers
- Assigning Subsidiaries to a Customer