What is NetSuite OneWorld?
- NetSuite OneWorld is NetSuite's global business management module for companies operating across multiple countries, subsidiaries, or legal entities.
It handles multi-currency consolidation, automated intercompany eliminations, and local tax compliance in 220 countries with support for 27 languages and 190 currencies.
OneWorld eliminates the need for separate regional ERPs by providing real-time global consolidation and subsidiary-level flexibility in a single platform.
NetSuite OneWorld Features
Support for 190+ currencies with real-time conversion and automated consolidation. Transactions post in both local and headquarters currency automatically.
Maintain multiple sets of books for different accounting standards. Transactions post to all books simultaneously.
Every transaction posts at both subsidiary and headquarters level automatically. Consolidated financials without spreadsheets.
Configurable tax engine with preconfigured codes for 110+ countries. Real-time tax calculation and automated compliance reporting.
Automated intercompany netting and eliminations. No manual reconciliations between entities at month-end.
Translated in 27 languages. Run global operations with localized user experiences for regional teams.
Standardized GL at headquarters with custom charts of accounts at subsidiary level. Local flexibility, global consistency.
Pay vendor bills and employee expenses globally directly from NetSuite. Automated formatting for bank imports.
How Much Does NetSuite OneWorld Cost?
- OneWorld pricing varies based on subsidiaries, currencies, and complexity.
But the real cost isn't the license. It's what happens after implementation when configurations drift, key people leave, or new subsidiaries get added without documentation.
Why Choose Stockton10?
Challenges NetSuite OneWorld Solves
- Multi-entity consolidation takes too long
- Intercompany eliminations are manual
- Managing multiple local ERPs
- Global tax and currency management
- Difficulty managing multi-subsidiary operations
- Compliance with local accounting standards
Hear it from your peers
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NetSuite OneWorld FAQs
OneWorld is NetSuite's global business management module. It lets you manage multiple subsidiaries, currencies, and legal entities in one system with automated consolidation.
Transactions post automatically at both the subsidiary and headquarters level in the correct currency and accounting standard. Consolidation happens in real time without manual spreadsheets.
Successful implementation requires proper subsidiary structure planning, consolidation rule configuration, tax engine setup, and thorough localization. Most importantly, it requires ongoing support after go-live to keep configurations accurate.
When you operate in multiple countries, run multiple legal entities, or need consolidated reporting across subsidiaries. If you're consolidating in spreadsheets or running separate regional ERPs, you need OneWorld.
Yes, if you operate across countries with different currencies, tax requirements, or accounting standards. OneWorld is built specifically for multinational operations.
Yes. We provide OneWorld configuration support, localization setup, and ongoing managed services to ensure your global operations run reliably.
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