Does NetSuite support multi-entity consolidation with intercompany eliminations?

NetSuite OneWorld supports real-time consolidation across multiple subsidiaries, currencies, and tax jurisdictions. Intercompany transactions generate automatic corresponding entries in both entities, and elimination entries are automated during consolidation. Multi-currency translation uses configurable exchange rate tables. For organisations with complex group structures, this replaces the manual spreadsheet-based consolidation process that adds days to every close cycle.