Best Practices for Using Intercompany Netting

The following are best practices for using intercompany netting:

• Use the Automated Intercompany Management feature to generate intercompany transactions. The intercompany netting functionality fully supports that transaction workflow. For information about this feature, see Automated Intercompany Management.

• Use the filters to reduce the displayed list of open intercompany balance transactions. The intercompany netting user interface provides dynamically loaded filters with all existing values. It also provides sorting on every column. One click sorts a column in ascending order . A second click sorts the column in descending order . A third click resets the column to the default sort order.

• On the Netting Workbench page, use Suggest Netting. This option lets NetSuite apply and select nettable transactions from the top down, respecting the current display order.

  Note:

  You can use Suggest Netting even if you sort and filter the display order.

For information about using the intercompany netting feature, see Initiating a Netting Transaction and Creating Netting Statements from the Netting Workbench.

Related Topics:

• Intercompany Netting
• Netting Settlement
• Netting Statement
• Netting Statement List

General Notices