Post an advanced intercompany journal entry in NetSuite across multiple subsidiaries

domain: docs.oracle.com · 6 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Verify that the Advanced Intercompany Journal Entries feature is enabled and that an intercompany clearing account exists for each subsidiary pair
  2. Construct the journal entry payload specifying the primary subsidiary on the header and including line-level subsidiary overrides for lines belonging to other subsidiaries
  3. For each cross-subsidiary line, reference the intercompany payable or receivable account appropriate for the direction of the entry
  4. Post the journal via the SOAP add operation or the REST Record API POST, targeting the advancedintercompanyjournalentry record type
  5. Verify that NetSuite auto-generated the elimination entries by querying for related journal entries linked to the same intercompany transaction ID
  6. Run the Intercompany Reconciliation report to confirm the cross-subsidiary balances net to zero

Known gotchas

Related routes

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