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Change to Exchange Rate Calculation for Bank Transfers
| Change to Exchange Rate Calculation for Bank Transfers |
| This message is intended for customers that have the Multiple Currencies feature enabled and are using Bank Transfers. The Transfer page is available at Transactions > Bank > Transfer Funds. Currently, when transferring funds between a base currency bank account to a foreign currency bank account, NetSuite uses the exchange rate to calculate the To Amount. After using the exchange rate to calculate the To Amount, NetSuite rounds the From Amount to ensure a balanced calculation.
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Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
In case you know someone who is new to NetSuite, we encourage you to direct them to our newly launched "New to NetSuite" page. This page is specifically designed to offer them information and guidance and help them make the most out of their NetSuite journey. Click here for more details.
