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.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Update: Narrative Insights has been restored and is now available.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
Cumulative Translation Adjustment audit report
Hi There
I have the following scenario:
I have A GL account (10900) that is used for facilitating bank transfers. The account is denominated in $NZD.
One subsidiary (Subsidiary A) has a functional currency of $AUD. The other subsidiary (Subsidiary N) uses a currency of NZD as its functional currency.
Both of these entities are child subsidiaries of Subsidiary P (subsidiary P has a reporting and functional currency of $AUD). This is what the structure would look like:
The CTA audit report shows the following before the month end close process is run
The blue square represents the 10900 account in subsidiary N.
0