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Consolidate Your Accounts with Multi-Book Reporting
Whenever the same business event requires different accounting treatments, such as country/jurisdiction requirements or industry-specific rules, like ASC605 vs ASC606 or GAAP vs IFRS, different reporting outcomes are required. Multi-book accounting provides the ability to maintain multiple sets of financial records in parallel to support various accounting and reporting standards.
View our product demo webinar to learn how NetSuite Multi-Book can:
- Automate postings to multiple accounting rules.
- Accelerate the close process with concurrent posting to all books as transactions close.
- Easily create custom ledgers to meet organizational reporting or other requirements.
- Eliminate data entry replication and manual adjustments from accounting and reporting processes.