Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Stay in the Know
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Currency Revaluation of undeposited funds
The currency revaluation transaction to be used at month end to get the foreign assets and liabilities valuated correctly is revaluating open A/R positions in foreign currencies and bank accounts in foreign currency.
How do I handle customer payments not yet deposited to a bank account? When I later use the deposit transaction to move the amount to the appropriate bank account the exchange rate variance is posted appropriate. But the revaluation transaction to be used at period end does not provide the undeposited foreign currency amounts.
Any suggestions?
0