balance per subsidiary

AI generated answer (using internal Slack threads):

In NetSuite, the balance per subsidiary can be viewed by generating a Trial Balance report for each subsidiary. This can be done by selecting the desired subsidiary from the subsidiary context dropdown in the footer. If you want to view the Trial Balance for all subsidiaries at once, you can select the "xxxxxx (Consolidated)" option from the same dropdown. For a new subsidiary, the balance will not include the balance of the old subsidiary unless a proper data migration of the historical trial balances from the old subsidiary to the new one is done. However, even after this, the old subsidiary data will still be visible even if the old subsidiary is made inactive. A possible solution would be to close the last period at the old subsidiary and start transacting at the new one. Any pending transactions (A/R, A/R, etc) would need to be "cleaned" and created for the new subsidiary. In the case of intercompany transactions, NetSuite requires 4 lines per advanced intercompany journal entry to ensure a balanced general ledger for each subsidiary. If the Intercompany AP/AR accounts are configured and set as the defaults under Accounting Preferences, you can use the Auto Balance feature for NetSuite to make the offsetting posting for each entity. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******