Intelligent Close Manager Accounting Task Criteria: Estimated Impact, Links, and Prerequisites

Intelligent Close Manager Accounting task criteria vary by row. Estimated Impact, the Tasks value, and a clickable task number can each use different criteria. This guide explains how to interpret the metrics for journal entries, allocations, currency revaluation, consolidated exchange rates, and intercompany eliminations—and why an elimination task can remain visible while its link is unavailable.

TL;DR: Intelligent Close Manager uses task-specific criteria rather than one universal calculation. Estimated Impact is displayed in the subsidiary’s base currency. Depending on the task, the Tasks value can represent journal entries, exceptions, allocation schedules, accounting book–subsidiary combinations, available exchange-rate calculations, or a 1/0 elimination status. Complete revaluation and consolidated exchange rates before using the intercompany-eliminations link.

Key takeaways

Estimated Impact and Tasks are separate, task-specific measures. They do not necessarily represent the same record population.
Foreign-currency amounts in Estimated Impact are converted to the subsidiary’s base currency using the most up-to-date exchange rate or the exchange rate entered on the transaction.
Seven Accounting tasks have task-number destinations that open a processing page or an Exception Management tab.
Calculate consolidated exchange rates cannot be completed until Revalue open currency balances is complete.
Run intercompany eliminations shows 1 or 0 and needs a consolidated-subsidiary filter plus completed prerequisites before its link is clickable.

How to interpret Accounting task measures

The Accounting section does not apply one definition to every Estimated Impact or Tasks value. Estimated Impact may be an expected journal amount, a posted amount, an amount awaiting approval, an exception amount, an allocation amount, or an estimated revaluation amount. The Tasks value may count journal entries, exceptions, schedules, accounting book and subsidiary combinations, Consolidated Exchange Rate records, or a completion state.

This distinction matters during close review. Read each row according to its own criteria instead of treating every number as a transaction count. Some consolidation tasks have no Estimated Impact; they communicate available processing work or completion status through the Tasks value and task-number link.

The selected subsidiary and period establish the context, but individual rows apply that context differently. Review projected journal entries is the key example: its Estimated Impact uses an expected posting period, while its Tasks value uses a posting period. For related reading, see Intelligent Close Manager accounting updates.

Task-by-task criteria

The table below is a practical lookup for Intelligent Close Manager Accounting task criteria. A dash means the identified task does not provide that measure or destination.

Task	Estimated Impact	Tasks	What selecting the task number opens
Create amortization journal entries	Total amount of amortization journal entries expected to be created for the selected subsidiary and period	Number of amortization journal entries expected to be created for the selected subsidiary and period	—
Posted journal entries	Total amount of posted journal entries for the selected subsidiary and period	—	—
Approve journal entries	Total amount of journal entries in Pending Approval status for the selected subsidiary, with a posting period on or before the selected period	Number of journal entries meeting those criteria	Approve Journals page
Resolve journal entry exceptions	Total amount of journal entry exceptions of type Incorrect Amount for the selected subsidiary, with a posting period on or before the selected period	Number of journal entry exceptions meeting those criteria	Transaction Errors tab on the Exception Management page
Review projected journal entries	Expected total amount of journal entries of type Missing Transaction for the selected subsidiary, with an expected posting period on or before the selected period	Number of journal entry exceptions of type Missing Transaction for the selected subsidiary, with a posting period on or before the selected period	Expected Transactions tab on the Exception Management page
Create expense allocation journal entries	Total amount to be allocated by allocation schedules due for the selected subsidiary and accounting period	Number of allocation schedules for the selected period and subsidiary	Allocation Schedules page
Revalue open currency balances	Estimated total foreign-currency revaluation amount, based on the prior month’s revaluation result for the selected subsidiary and shown in that subsidiary’s base currency	Number of accounting book and subsidiary combinations for the selected subsidiary and accounting period; each accounting book is counted separately	Month End Currency Revaluation page
Calculate consolidated exchange rates	—	Number of Consolidated Exchange Rate records for which the Calculate action is available for the selected period	Consolidated Exchange Rates page
Run intercompany eliminations	—	1 when eliminations have not been completed for the selected parent consolidated subsidiary and accounting period; 0 after completion	Eliminate Intercompany Transactions page

Two rows require especially careful interpretation. Posted journal entries has an Estimated Impact amount but no Tasks value or processing destination. Review projected journal entries compares an expected amount using the expected posting period with a count of Missing Transaction exceptions using the posting period. A difference between those columns does not, by itself, indicate a problem.

For related close-management reading, see Custom Close Manager Tasks for Accounting in NetSuite 2026.2 and Close Manager Task Records for Efficient Accounting Management.

Which task numbers open processing pages?

Only specified task numbers provide a route to another page or tab. The available destinations are task-specific:

Approve journal entries opens the Approve Journals page.
Resolve journal entry exceptions opens the Transaction Errors tab on the Exception Management page.
Review projected journal entries opens the Expected Transactions tab on the Exception Management page.
Create expense allocation journal entries opens the Allocation Schedules page.
Revalue open currency balances opens the Month End Currency Revaluation page.
Calculate consolidated exchange rates opens the Consolidated Exchange Rates page.
Run intercompany eliminations opens the Eliminate Intercompany Transactions page.

Do not assume that every Accounting task number is a drill-down. If an identified destination exists but the task number cannot be selected, check the filter context and prerequisite status. This is particularly important for intercompany eliminations, where visibility and clickability are different conditions.

For adjacent task-criteria reading, see the Intelligent Close Manager A/R criteria guide.

How currency conversion affects Estimated Impact

All Estimated Impact amounts are shown in the selected subsidiary’s base currency. When a transaction was created in a foreign currency, the amount is converted using the most up-to-date exchange rate or the exchange rate entered on the transaction. The criteria do not support assuming that all displayed amounts use only one of those rate sources.

This means a displayed Estimated Impact total should not automatically be compared with an unconverted transaction-currency total. Review the subsidiary context and relevant transaction exchange-rate treatment when investigating a difference. For related reading, see currency context for account balances.

Revalue open currency balances has its own estimation method. Its Estimated Impact is the estimated total foreign-currency revaluation amount based on the prior month’s revaluation result for the selected subsidiary, shown in that subsidiary’s base currency. Its Tasks value counts accounting book and subsidiary combinations, not currencies, transactions, or revaluation lines.

Subsidiary, period, and accounting-book scope

The selected subsidiary and period anchor the Accounting view, but the precise scope depends on the task.

Approval and journal-exception tasks include qualifying records with a posting period on or before the selected period.
Approve journal entries also requires Pending Approval status.
Resolve journal entry exceptions applies to the Incorrect Amount exception type.
Review projected journal entries uses Missing Transaction records, but its Estimated Impact tests the expected posting period while its Tasks value tests the posting period.
Allocation processing uses schedules due for the selected subsidiary and accounting period; its Tasks value is the number of allocation schedules for the selected period and subsidiary.
Currency revaluation uses the selected subsidiary and accounting period, with each accounting book counted separately.
Consolidated exchange rates count records for which the Calculate action is available for the selected period.

For related context, see Creating and Reopening Accounting Periods in NetSuite and Accounting Preferences and Values in NetSuite.

Required sequence for consolidated-close tasks

Calculate consolidated exchange rates cannot be completed until Revalue open currency balances is complete. The exchange-rate task counts Consolidated Exchange Rate records for which the Calculate action is available for the selected period; it does not show a monetary Estimated Impact.

Use this order:

Complete Revalue open currency balances for the applicable subsidiary and accounting period.
Complete Calculate consolidated exchange rates after revaluation is complete.
For the selected parent consolidated subsidiary and accounting period, proceed to Run intercompany eliminations after both earlier tasks are complete.

Intercompany eliminations has both prerequisites: revaluation and consolidated exchange rates. For related reading, see NetSuite Intercompany Cross Charges setup.

Why the Run intercompany eliminations link can be disabled

A visible Run intercompany eliminations row does not guarantee that its task number can be selected. Three conditions are distinct:

The view must be filtered to a consolidated subsidiary for the task count and task link to be available.
The count is evaluated for the selected parent consolidated subsidiary and accounting period.
The link becomes clickable only after Revalue open currency balances and Calculate consolidated exchange rates are complete.

The count is 1 when eliminations have not been completed for the selected parent consolidated subsidiary and accounting period, and 0 after completion. It is a completion indicator, not a count of transactions requiring elimination.

If either prerequisite is incomplete, the intercompany-eliminations task can remain visible while its link is disabled. Diagnose an unavailable link in this order: confirm the consolidated-subsidiary filter, confirm revaluation completion, then confirm consolidated exchange-rate completion.

Practical review checklist

Use this sequence for each selected subsidiary and period:

Confirm the intended subsidiary and period before interpreting an amount or count.
Read Estimated Impact according to the row definition; do not assume it counts the same records as Tasks.
For foreign-currency activity, remember that Estimated Impact is displayed in the subsidiary’s base currency.
Review Pending Approval, Incorrect Amount, and Missing Transaction populations according to the applicable status or exception type.
For projected journals, compare the expected-posting-period amount separately from the posting-period exception count.
For allocations, review schedules due for the selected subsidiary and accounting period.
For currency revaluation, interpret Tasks as accounting book and subsidiary combinations, with each accounting book counted separately.
For consolidated close, complete revaluation, then consolidated exchange rates, then intercompany eliminations.
If the elimination link is disabled, confirm both prerequisites rather than relying only on the visible 1 count.
After eliminations are complete, verify the 0 count for the selected parent consolidated subsidiary and accounting period.

FAQ

How does Estimated Impact differ from the task count for Review projected journal entries?

Estimated Impact is an expected amount based on the expected posting period. The Tasks value is the number of Missing Transaction journal entry exceptions based on the posting period. Both apply an on-or-before test to the selected period, but they use different period fields.

Are Estimated Impact amounts displayed in the subsidiary’s base currency?

Yes. Foreign-currency transaction amounts are converted to the subsidiary’s base currency using the most up-to-date exchange rate or the exchange rate entered on the transaction.

Why does Run intercompany eliminations show 1 or 0?

It shows 1 when eliminations have not been completed for the selected parent consolidated subsidiary and accounting period. It shows 0 after completion. It is a completion indicator, not a count of intercompany transactions.

Why is the Run intercompany eliminations link disabled?

The link becomes clickable only after both Revalue open currency balances and Calculate consolidated exchange rates are complete. The task count and link are available only when the view is filtered to a consolidated subsidiary.

How does Intelligent Close Manager count currency revaluation tasks?

It counts accounting book and subsidiary combinations for the selected subsidiary and accounting period. Each accounting book is counted separately. The related Estimated Impact is based on the prior month’s revaluation result and is shown in the subsidiary’s base currency.