Benefits of NetSuite Multi-Book Accounting

Benefits of NetSuite Multi-Book Accounting

Imagine being a CFO of a Fortune 500 company with subsidiaries worldwide. Imagine further that your have to present consolidated financial statements for all your subsidiaries. Issuing financial reporting for different statutory jurisdictions within subsidiaries....
NetSuite Advanced Intercompany Journal Entries

NetSuite Advanced Intercompany Journal Entries

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...