can a bank account only be on one subsidiary
# ask-stanley-ai
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can a bank account only be on one subsidiary
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AI generated answer (using internal Slack threads):
Based on the conversations, it is clear that a bank account in NetSuite can only be associated with one subsidiary. This is a system limitation or setup. If you have multiple subsidiaries and each subsidiary needs to have its own bank account, you will need to create separate bank accounts for each subsidiary. This also applies to credit card accounts. If you are transferring money between subsidiaries, you will need to do intercompany entries. In terms of dealing with customer payments made in different subsidiaries, if you have the Multi-subsidiary feature enabled, you should be able to handle this. However, if a customer pays to Subsidiary A's bank account even if the invoice is from Subsidiary B, you may need to make additional arrangements or adjustments. Remember, each bank account can only have one currency and one subsidiary. You can have multiple bank accounts per subsidiary and different currency for each bank account (or the same). This makes sense since bank accounts in different countries have different numbers, even if they are all within the same bank. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.858032644
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.853363574
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.840411067
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