OneWorld Overview
NetSuite OneWorld enables management of multiple subsidiaries, currencies, and tax regimes in a single account.
Key Capabilities
- Multi-subsidiary hierarchy management
- Multi-currency with automatic translation
- Intercompany transaction automation
- Consolidated financial reporting
- Automated elimination entries
Coming Soon
This appendix is under development. Full content will include detailed configuration guides and consolidation examples.
Subsidiary Structure
Design your subsidiary hierarchy to reflect legal entities, operational units, or reporting segments. Parent-child relationships enable consolidated reporting.
Intercompany Transactions
Automate intercompany billing, transfers, and allocations. Configure IC accounts and automation rules for seamless multi-entity operations.
Financial Consolidation
Run consolidated reports across subsidiaries with automatic currency translation. Support for multiple reporting currencies.
Intercompany Eliminations
Configure automatic elimination entries to remove intercompany balances from consolidated financial statements.