Can you reclass a non eliminating account to an el...
# ask-stanley-ai
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Can you reclass a non eliminating account to an eliminating account?
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AI generated answer (using internal Slack threads):
Based on the conversations, it appears that you cannot directly reclass a non-eliminating account to an eliminating account. The elimination process in NetSuite is designed to handle transactions with a GL Impact (Bill, Invoice, and Intercompany JE). It is used to remove transactions that occur between entities within the same company group during consolidation. However, if you have a balance in a non-eliminating account that you want to move to an eliminating account, you might need to create a journal entry to manually move the balance. This would involve debiting the non-eliminating account and crediting the eliminating account, or vice versa, depending on the situation. Please note that this process should be done with caution and a clear understanding of the financial implications. It's also important to ensure that all accounts involved in the process are set up correctly to handle currency revaluation, if applicable. ****** 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: 0.794494629
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.78881824
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.787475586
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