Multi-Subsidiary Support

The Payment Automation SuiteApp supports multiple subsidiaries. OneWorld users with multiple US subsidiaries can apply for HSBC accounts in each US subsidiary and can process payments from each US subsidiary.

In your NetSuite One World Account, go to SuiteBanking > HSBC Application > Apply > New Application and select the subsidiary to apply for HSBC Online Account. For more information, see Applying for an HSBC Online Account.

You'll need to perform the following actions for all subsidiaries at the NetSuite level:

• Generating Payment Tokens

• GUID Setup

You'll need to perform the following actions separately for each subsidiary:

• Auto-Funding

• Setting Up Vendors

• Setting Up Vendor Payment Approval Routing

• Setting Up Batch Approval Routing

• Setting Up Two-Factor Authentication (2FA)

• Setting Up Roles and Permissions

• Setting up a Custom Role to Make Money Transfers

• Setting Default Department, Class, and Location Values

• Setting Email Preference

• Setting Default Bank Fees Account

Switching Dashboards Between Subsidiaries

To access a subsidiary account or switch between subsidiaries accounts, go to SuiteBanking > Payment Automation > Dashboard. You can change the subsidiary from the drop-down list in the left navigation panel, if you have the required permissions to view it. For more information, see Payment Automation Dashboard.

General Notices