Assigning Fiscal Calendars
When you can assign a fiscal calendar to a subsidiary, that fiscal calendar rolls up accounting periods for the subsidiary. To use fiscal calendars, the Multiple Calendars feature must be enabled. This feature is available only for NetSuite OneWorld and by default, is not enabled. The Multiple Calendars feature also determines the rollup structure for tax periods. For more information, see Setting Up Tax Periods Using a Fiscal Calendar.
To assign a fiscal calendar to a subsidiary:
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Go to Setup > Company > Classifications > Subsidiaries.
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Select a subsidiary to edit.
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In the Fiscal Calendar field, select the fiscal calendar to roll up accounting periods for this subsidiary.
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Click Save.
On the fiscal calendar record, the Subsidiaries field displays a list of the subsidiaries that roll up accounting periods using that calendar.