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WARNING for anyone using Multi-currency!!

edited Apr 23, 2008 5:23PM in Accounting / ERP 7 comments

If you use multi-currency, then most likely you have incorrect Financial Statements. The currency revaluation program does not function properly and Netsuite is not releasing a fix until the Fall '08 at the earliest! There is a work around, but it must be performed anytime a change is made to an accounting period. The defect number for this is #116262. The revaluation program does not display an error, it just calculates the incorrect amount for the revaluation. If you do use Multi-currency you will want to contact Netsuite support for the work around.

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