Best Practices for Using the Intercompany Framework Feature
In NetSuite OneWorld, controllers with permission to perform period close tasks at the parent subsidiary level can select subsidiaries to lock or unlock. You should lock accounting periods for all of your subsidiaries before you generate cross charges, however it is not required.
You should configure your intercompany elimination accounts to include the children of the subsidiaries you select in the account. Check the Include Children box to ensure that all subsidiaries of the selected subsidiaries can use the intercompany elimination accounts. For more information, see Creating Intercompany Elimination Accounts.
If you are using intercompany cross charges, see Best Practices for Paying Intercompany Cross Charges.