Consolidation Functionality in NetSuite

Consolidation Functionality in NetSuite

Oracle NetSuite

08

Jan

Consolidation Functionality in NetSuite

NetSuite delivers enterprise-grade consolidation functionality designed for complex, global organizations. The platform supports real-time consolidations across subsidiaries with different currencies, fiscal calendars, and accounting standards.
Automated intercompany eliminations, ownership percentage handling, and multi-currency translation are embedded into the consolidation engine. Finance teams can produce consolidated financial statements quickly while maintaining strong audit trails and compliance controls. Consolidated reporting can be analyzed by entity, region, or business unit.
NetSuite’s consolidation capabilities are particularly well suited for mid-market and enterprise organizations with global operations and complex ownership structures.