One to One Relationship of Fiscal Calendar and Subsidiary

Posted by CuriousRubik on 11 Nov, 2012

With prior to the NetSuite version 2012.2 release, NetSuite has the option of creating only one Fiscal Calendar and assigning to multiple subsidiaries. (One to Many Relationship)

Fiscal Calendar and Subsidiary 1

1. Creating New Fiscal Calendar

Fiscal Calendar and Subsidiary 2

2. Assigning Fiscal Calendar to Subsidiary

This is very useful for companies or subsidiaries in multiple geographical locations which use different reporting periods.

 

 

Topics: Accounting

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