How do I change the fiscal calendar for a subsidia...
# ask-stanley-ai
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How do I change the fiscal calendar for a subsidiary
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AI generated answer (using internal Slack threads):
To change the fiscal calendar for a subsidiary in NetSuite, you need to follow these steps: 1. Navigate to the Subsidiaries page. 2. Select the subsidiary for which you want to change the fiscal calendar. 3. In the 'Accounting' tab, you will find the 'Fiscal Calendar' field. 4. Select the desired fiscal calendar from the drop-down list. 5. Save your changes. Please note that changing the fiscal calendar will impact the year-end date for the subsidiary. This means that reports for that subsidiary will show the new date as the end of the year and retained earnings will roll based on that date. If you have enabled the “Multiple Calendars” feature to allow varying accounting periods for subsidiaries, a Subsidiary saved search exposes “Fiscal Calendar” and “Tax Fiscal Calendar”. However, it's important to note that NetSuite's documentation suggests that it's not possible to have a base period in one fiscal calendar that is different from the base period in another fiscal calendar. This could be a challenge if you have subsidiaries in countries that don't use the Gregorian calendar. ****** 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: 0.866623282
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.847827554
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.839820683
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