Working with Subsidiaries

Subsidiaries in NetSuite Point of Sale (NSPOS) provide a means for managing data across a hierarchical structure of separate legal entities. Retailers commonly set up subsidiaries based on business divisions, geographical territories, or areas of item availability. How you use and organize subsidiaries depends on your unique business needs.

Important:

Customers can return items between locations, but not across different subsidiaries.

Subsidiaries are structured as levels that roll up to a top-level parent subsidiary. The parent level is the highest subsidiary in your account; all other subsidiaries are below the parent in the hierarchy. Subsidiaries are associated with NetSuite OneWorld accounts. For more information about subsidiaries, search for Subsidiaries in OneWorld in the NetSuite Help Center.

Note:

Some NSPOS retailers do not use a NetSuite OneWorld setup. These retailers will not have subsidiaries and will not see the options for working with them.

Adding and editing Subsidiaries

Use the steps in this section to add and edit subsidiaries for your NSPOS environment. The procedure covers the basic fields only. For a complete list of options and additional help, see Creating Subsidiary Records and Editing Subsidiary Records.

To work with Subsidiaries:

1. Log in to NetSuite as an administrator.

2. Go to Setup > Company > Subsidiaries.

3. To create a Subsidiary, click New Subsidiary.

   To work with an existing Subsidiary, review the list and click View or Edit.

4. Complete the fields required for NSPOS.

   • Name – Enter alphanumeric characters for the name of the subsidiary.

   • From the Subsubsidiary of field, select the subsidiary level above your new subsidiary. This level is often the parent level.

     Important:

     You cannot change the Subsubsidiary of choice after you save the subsidiary record.

     

   • Select the State/Province associated with the subsidiary’s headquarters, main office, or other point of reference.

   • Select the Country associated with the subsidiary.

   • Select the Language associated with the subsidiary.

   • Select the Currency used for store locations in the subsidiary.

     Note:

     If the location RA-Currency is different from the subsidiary currency, NSPOS will use the location currency.

   Other fields on this page are optional. The requirements can vary based on your business and accounting needs. For example, you might be required to complete other fields or some fields might not appear, such as Country and Language.

5. Click Save.

Important:

If you add a subsidiary, you must authorize your Integration Role to work with it. This requirement applies to NSPOS 2018.2.0 and greater.

To authorize your NSPOS Integration Role to a new Subsidiary:

1. Log in to NetSuite ERP as an administrator.

2. Go to Setup > Users/Roles > Manage Roles.

3. Search or scroll down to find NSPOS Integration.

4. Click Edit.

5. In the Selected Subsidiaries list, select all subsidiaries. (Hold the Shift or Ctrl key.)

   This action will include your new subsidiary.

6. Click Save.

Related Topics

Subsidiaries, Locations, and Taxes

Working with Locations

Working with Taxes

General Notices