1.1.2

General

Altnamealtname

Manage Subsidaries

Baserecordtypebaserecordtype

customrecord_ns_imp_req_module

Customformcustomform

Module Form

Isinactiveisinactive

No

Lastmodifiedlastmodified

8/2/2018 11:38 am

Linenumberlinenumber

7

Module descriptioncustrecord_ns_imp_module_description

In NetSuite, subsidiary records are created to represent the separate business or legal entities that make up the consolidated company. These records are organized into a tree structure. That tree has one 'subsidiary' at its root, but that subsidiary is actually the ultimate parent of the rest of the tree; it has no parent. The root subsidiary may have a number of subsidiaries. One subsidiary will be created for each separate reporting entity. Each subsidiary has a base currency which may be different from its parent's. Elimination subsidiaries are set up to carry the elimination journal entries required at each consolidation. Each parent entity in the hierarchy will generally have one elimination subsidiary, although multiple elimination subsidiaries may be required for a single parent in certain circumstances. The base currency for an elimination subsidiary is the same as its parent's. Financial reports are presented with respect to a user-selected "subsidiary context." The context selections available vary with permissions, but in general there is a selection, or node, available for each subsidiary. In addition, a virtual consolidated reporting node will be available for each subsidiary that is a parent. By selecting the consolidated node a user requests the report to include data from the node selected consolidated with its children. Transactions within a subsidiary can be numbered using a global sequence or through subsidiary specific sequences specified at Setup > Company > Auto-Generated Numbers.

Module processcustrecord_ns_imp_module_process

1 Record to Report

Namename

1.1.2

Ownerowner

Mihir Bhatnagar

Owneridownerid

7

Parent modulecustrecord_ns_imp_parent_module

1.1 Define Company Structure

Recordidrecordid

6

Rectyperectype

Module

Rectype 242 1695 maxnkeyrectype_242_1695_maxnkey

258

Scriptidscriptid

value_54152_t1247005_738

Submitnext tsubmitnext_t

customrecordentry

Submitnext ysubmitnext_y

242

Templatestoredtemplatestored

No

Typetype

custrecordentry

Versionversion

10

System & IDs

Customform refidcustomform_refid

102

Entryformquerystringentryformquerystring

rectype=242&e=T&id=6

Idid

6

InternalIdInternalId

6

Module process refidcustrecord_ns_imp_module_process_refid

1

Owner refidowner_refid

7

Parent module refidcustrecord_ns_imp_parent_module_refid

1

Rectype refidrectype_refid

242

Customwhencecustomwhence

—

Externalidexternalid

—

Nsbrowserenvnsbrowserenv

—

Selectedtabselectedtab

—