In the NetSuite One World environment you can share a vendor across multiple subsidiaries, or you can assign it to just one. You need to select a primary subsidiary before you can enter transactions for this vendor. The currency will default to the base currency of...
Why doesn’t my AR Aging Report tie to my AR balance on the Balance Sheet? I’m running my Balance Sheet for the period of June 2019 and my Aging report as of 6/30/19. They should match, right? In the screen shots above, you can see that the two reports do not...
Prior to becoming a consultant at MIBAR, I worked for a company that had 22 subsidiaries and 69 locations. As an accountant I had to do intercompany journal entries or supervise my staff as they created them and then reconcile the balances between the subsidiaries at...
2019 is progressing along, and if you’re like many other businesses, you understand that there is a continued pressure—from competitors, from stakeholders, and from the board. With a faster speed of business and increased levels of competition, the CFO role has become...
As a MIBAR consultant I have the privilege of training staff in the NetSuite environment and this is a role that I enjoy very much. Training is an important part to the implementation as it involves your staff and their buy in to the new software. To be an effective...
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