Netsuite's Advanced Intercompany Journal Entry
Hi All,
This new featured was introduced after Inter company Journal Entry, it is extension of inter company journal entry. In Advanced Intercompany Journal Entry user can specify one originating subsidiary into many receiving subsidiary for journal entry.
Script which are specific for Inter Company Journal Entry will not work on Advanced Inter Company Journal Entry, user have to write separate script and workflow for record.
To create Adv IntComp JE go to Transactions > Financial > Make Advanced Intercompany Journal Entries.
All necessary access are required for creation of this record.
Netsuite has Automated Intercompany Management feature, user should enable it to use auto balance functionality. This enable Auto Balance button, user can click on it and automatically add elimination lines which will balance the transaction. If user want to remove auto balanced line, click on Undo Auto Balancing button.
Internal Id: advintercompanyjournalentry
Mandatory Fields for Advanced Intercompany Journal Entry:
currency
customform
subsidiary
trandate
On Line level :
account
linefxrate
linesubsidiary
Hope this will help you, let us know if you have any query.
Thanks
Netsuite Guru
This new featured was introduced after Inter company Journal Entry, it is extension of inter company journal entry. In Advanced Intercompany Journal Entry user can specify one originating subsidiary into many receiving subsidiary for journal entry.
Script which are specific for Inter Company Journal Entry will not work on Advanced Inter Company Journal Entry, user have to write separate script and workflow for record.
To create Adv IntComp JE go to Transactions > Financial > Make Advanced Intercompany Journal Entries.
All necessary access are required for creation of this record.
Netsuite has Automated Intercompany Management feature, user should enable it to use auto balance functionality. This enable Auto Balance button, user can click on it and automatically add elimination lines which will balance the transaction. If user want to remove auto balanced line, click on Undo Auto Balancing button.
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| Advanced Intercompany Journal Entry |
Mandatory Fields for Advanced Intercompany Journal Entry:
currency
customform
subsidiary
trandate
On Line level :
account
linefxrate
linesubsidiary
Hope this will help you, let us know if you have any query.
Thanks
Netsuite Guru
Can we use the Advanced Intercompany Journal Entry for journal entries that need to be eliminated during consolidation such as Investment in Subs and interco funding?
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