)
Written by
Table of Contents
“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
NetSuite’s consolidation process is sensitive to data extraction timing and subsidiary permissions, making direct API connections to external FP&A tools risky for financial integrity and compliance.
Here’s how to safely connect subsidiary data to external FP&A tools while preserving NetSuite’s consolidation accuracy and audit requirements.
Extract subsidiary data safely using Coefficient
Coefficient provides subsidiary-safe data connectivity that preserves consolidation integrity through proper access controls and currency handling. You can extract both individual subsidiary and consolidated views without disrupting NetSuite ‘s internal consolidation calculations or NetSuite elimination processes.
How to make it work
Step 1. Set up subsidiary access controls that respect NetSuite permissions.
Coefficient respects NetSuite’s role-based permissions and subsidiary access controls automatically. Users only extract data they’re authorized to view, maintaining the security model that supports proper consolidation while enabling external FP&A analysis.
Step 2. Import consolidated and individual subsidiary views separately.
Use the Reports method with subsidiary selection options to extract either individual subsidiary data or consolidated views. This lets external FP&A tools perform both local and corporate-level analysis without interfering with NetSuite’s automated consolidation processes.
Step 3. Handle multi-currency data with complete context.
Import both base currency and transaction currency amounts to ensure external FP&A tools receive complete financial data. This supports accurate consolidation modeling and currency impact analysis in your external tools.
Step 4. Extract intercompany and elimination entries using SuiteQL.
Write custom queries to extract intercompany transactions and elimination entries separately. This allows external FP&A tools to understand the full consolidation picture without interfering with NetSuite’s elimination calculations.
Step 5. Maintain audit trails with automated refresh scheduling.
Set up automated refresh scheduling to ensure external FP&A tools receive current subsidiary data without requiring direct NetSuite system access. All data extractions maintain connection to source NetSuite records, preserving audit trails required for consolidated financial reporting compliance.
Enable advanced FP&A without consolidation risk
This approach enables sophisticated external FP&A analysis while keeping NetSuite’s consolidation process intact and uncompromised. Connect your subsidiary data safely to external tools and maintain financial integrity.
