• A – On an account record you create a child account by choosing a parent in the “Subaccount of” field; this establishes the hierarchy.

• C – If the “Summary” box is cleared, the parent account is posting; if the box is checked the parent becomes a non-posting (summary) account. Thus, a parent can be either posting or non-posting.

• E – Selecting the “Summary” box turns the account into a summary (non-posting) account, preventing any transaction, including reversing journals, from being posted directly to it.

B. Summary (non-posting) accounts accept no postings at all, including reversing journals; the checkbox blocks posting rather than permitting it.

D. There is no “Parent of” field; hierarchy is established only through the “Subaccount of” field on the child account.

1. NetSuite Help Center

“Creating Accounts – Field Definitions

” Subaccount of field description (2024.1 release).

2. NetSuite Help Center

“Summary Accounts

” para. 1–3: explains Summary checkbox and non-posting status (2024.1 release).

3. NetSuite Help Center

“Working with Parent and Child Accounts

” section “Posting vs. Non-Posting Parent Accounts” (2024.1 release).