SuitePath Session: Unlock the Power of NetSuite Multi-Book Accounting for Global Compliance and Financial Efficiency
In this focused session, our experts demonstrate how NetSuite’s Multi-Book Accounting helps organizations maintain parallel accounting standards, streamline reporting across subsidiaries, and ensure compliance with both local GAAP and corporate IFRS requirements. You’ll learn how to configure, manage, and optimize multiple accounting books within a single NetSuite environment—reducing manual reconciliation, improving audit readiness, and strengthening decision-making accuracy.
The session is led by members of Bring IT’s Delivery Team, showcasing practical implementation insights, configuration examples, and real customer scenarios. The presentation includes a live demonstration of how Multi-Book impacts journal entries, revenue recognition, fixed assets, amortization schedules, and reporting.
Watch This On-Demand Session →
Key Topics Include:
Core Concepts & Benefits:
Understanding primary and secondary accounting books, configuration limits, and how to maintain parallel ledgers for IFRS, US GAAP, and local tax requirements.
Configuration & Mapping Strategies:
Setting up accounting books, global and item account mappings, and restrictions to ensure data integrity and alignment between corporate and local charts of accounts.
Automation & Best Practices:
Leveraging Multi-Book automation for revenue recognition, depreciation, and amortization—plus proven testing, reconciliation, and compliance tips from real implementations.
Common Scenarios & Results:
Explore real-world applications across subsidiaries and industries, highlighting how organizations have accelerated financial close, improved audit accuracy, and maintained consistent reporting across currencies and regions.
