NSC | Currency Used in Financial Reports

Scenario

Users have transactions processed in NetSuite involving currencies other than the Subsidiaries' base currency. They want to know the currency and exchange rate utilized by the system when running reports.

Solution

The value you select in the Subsidiary Context list for a report determines the data and currency to be used for amounts. The currency is the base currency of the Subsidiary you select.

There are two types of financial reports that you can generate.

1. Subsidiary Level of Report - These reports pull out the amounts based on the transaction amount at the time that the transaction was created