Introduction The NetSuite Intercompany Framework feature allows you to manage intercompany workflows. Primarily, this feature manages intercompany cross charges and intercompany netting. NetSuite Intercompany Framework Overview So how does the Intercompany Framework...
Here’s a scenario you may find yourself in. Perhaps you receive an order from a customer in one subsidiary for an item in a different subsidiary. How would you go about fulfilling that order? Did you know you can actually drop ship the order from the second...
The NetSuite Automated Intercompany Management feature allows you to create transactions between subsidiaries, allowing your subsidiaries to buy from and sell to one another. The Automated Intercompany Management feature also creates elimination journal entries to...
Being able to prepare budgets for different financial scenarios gives you greater control and insight into your business. A key way that NetSuite helps you do this is through the Multiple Budgets feature. You can enable this feature under the Advanced Features section...
If you’ve been in the business world for any length of time, you understand how critical accounting periods are to a company’s finances. With NetSuite’s Accounting Periods feature, you have access to everything you need to set up and use accounting...
