Intro to Shared Transactions
Overview
Shared Transactions is Netgain's NetSuite-native SuiteApp for intercompany and intra-company accounting. It automates the allocation, billing, and payment work that spans subsidiaries - splitting a shared cost across the entities that incurred it, generating the matching intercompany bills, and paying bills or accepting payments on another subsidiary's behalf - all on the transaction inside NetSuite, with no separate system to reconcile back to.
Shared Transactions comes in two tiers:
- Standard - Segment Allocations. Split transaction lines across subsidiaries, departments, classes, locations, or custom segments using weighted allocation templates, and post the resulting allocation journals.
- Premium - adds Intercompany Billing and Shared Payments. Auto-generate matching vendor bills from intercompany invoices and pay bills or accept customer payments on behalf of another subsidiary with the intercompany journals created for you.
Getting set up
New to Shared Transactions or standing up a new environment? Start here.
- Shared Transactions SuiteApp Installation
- Shared Transactions Roles & Permissions
- Shared Transactions System Setup
- Shared Transactions Integrating with Third Party Software
Setting up allocations
Allocation templates and sourcing tell Shared Transactions how to split each transaction. Set these up before you start allocating.
- Shared Transactions Allocations Overview
- Shared Transactions Creating a New Template
- Shared Transactions Mass Uploading Allocation Templates
- Shared Transaction Sourcing
Allocating day to day
- Allocations Overview in Shared Transactions
- Shared Transactions Allocation Worksheet: Allocating with a Template
- Shared Transactions Allocation Worksheet: Allocating without a Template
- Shared Transactions Allocation GL Impact
Intercompany billing (Premium)
Auto-generate matching vendor bills from intercompany invoices so both sides of the transaction stay in sync.
- Shared Transactions - Intercompany Vendor Bill Automation
- Shared Transactions - Automatically Creating Customer Payments
- Shared Transactions - Crediting an Intercompany Vendor Bill
Shared Payments (Premium)
Pay bills or accept customer payments on behalf of another subsidiary, with the intercompany journals created automatically.
- Shared Transactions - Shared Payments - Paying Bills on Behalf of Another Subsidiary
- Shared Transactions - Shared Payments - Accepting Customer Payments on Behalf of Another Subsidiary
- Shared Transactions - Shared Payments - Sourcing Due Dates and Payment Terms
- Shared Transactions - Shared Payments - Transaction Line Sourcing
