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Hi, Is there any dis-Advantages or issues by using the NetSuite Multi-Book Accounting ? We are planning to use this functionality and Just want to check issues by using this . this will help us to determine its suitable for us or not.

This definitely depends on the expend of your multi-book needs - how many subsidiaries need this applied, currencies involved, revenue and expense treatments that differ from primary book, etc. Primary "disadvantage" is that you are effectively running accounting processes multiple times, creating "mirrored" book specific transactions, running two or more accounting period closes, not to mention establishing a secondary book beginning balance AND subledger details (if needed).

It's a sliding scale of implementation to what you hope to achieve. There are also some technical quirkinesses, including reporting off of book specific records. I've been with 2 EU/US based companies where statutory reporting was satisfied outside of multi-book because the scope vs implementation effort trade-off was not justified.

Unless you have a really good use case for it - I'd probably discourage it.