Hi, our VP of accounting is looking at wanting Multi Book. Claims he set it up in 3 minutes at his old company in 2022. NetSuite itself says it requires a Professional Service or a Partner to do the implementation. I have never used it myself, but every thread online says to go with a partner for the implementation. Was it different back in 2022?

Probably enabled Adjustment Only books?

Probably enabled Adjustment Only books and/or it was set up before there was any data in the system. Brand new account with no data in I could see where the full version could be set up pretty quickly/easily. Setting it up in an already existing account takes way more time/effort though because at least in the past (assuming this hasn't changed), the system won't automatically populate the new book with any transactional data. So there's a load and recon process you have to go through otherwise the new book will just be blank. Doing the basic multibook setup is pretty simple and quick, but getting all the historical transactions to where they need to be is where the effort lies.

Thank you for the response! So we need this setup for a new subsidiary that we going to create. I am not sure how much historical data is going into that sub.

If its only for one new subsidiary then should be fairly quick as you wont need to run historical transaction process. Regardless its not a 3mins process. There needs to be mapping rules and other setups required. Always go with a partner with prior experience or learn through LCS before getting it provisioned.

Those are my exact thoughts.