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“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.”
You can sync NetSuite consolidated financial statements to Google Sheets with sophisticated multi-subsidiary reporting capabilities and full automation for complex consolidation processes.
This approach transforms complex consolidation processes into automated, reliable workflows with currency translation and intercompany eliminations.
Create consolidated financial statements using Coefficient
Coefficient excels at syncing NetSuite consolidated financial statements with native consolidation features and multi-import strategies for maximum flexibility.
How to make it work
Step 1. Set up native consolidation via Reports.
Use Income Statement, Balance Sheet, and Trial Balance with built-in subsidiary consolidation. Configure by selecting “All Subsidiaries” for full consolidation, choosing specific subsidiaries for partial consolidation, and including/excluding elimination entries with department and class consolidations.
Step 2. Implement multi-import consolidation strategy.
Import individual subsidiary statements and create consolidation layer in Google Sheets. This provides custom elimination entries, flexible consolidation rules, side-by-side subsidiary comparisons, and granular refresh control.
Step 3. Build advanced SuiteQL for complex consolidations.
Handle multi-currency and custom eliminations: SELECT subsidiary.name as subsidiary, account.name as account, SUM(transactionline.amount) as amount, transaction.currency FROM transaction INNER JOIN transactionline INNER JOIN subsidiary WHERE transaction.posting = ‘T’ GROUP BY subsidiary.name, account.name, transaction.currency
Step 4. Enable advanced consolidation features.
Configure currency translation at current or historical rates, set up intercompany eliminations with built-in or custom rules, enable segment reporting by subsidiary, department, or class, and create period comparisons with YoY, QoQ consolidated data.
Automate complex consolidation workflows
Consolidated financial statement sync reduces month-end close time while providing scheduled daily/weekly consolidations and consistent reporting formats with real-time consolidated position. Start building your consolidated reporting today.
