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!
Update your Profile with your Support type to get your Support Type badge.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
Base Currency Adjustment
Hello,
My customer have the base currency SEK, and a bank account in NOK.
They receive a big payment each quarter which they exchange some days later into SEK. Since the amount it
Received 24.000.000 NOK exchange rate 0,9668
Selling 24.000.000 NOK exchange rate 0,970095
NOK Balance = 0 of these two transactions, SEK balance -79.080 If the balance would remain 0, the base currency adjustment would be created for this 79.080SEK. BUT, the problem is that they receive some minor interest on the bank account which is not exchanged immediately. This means that the base currency adjustment is not created since the NOK balance is not equal to 0. |
0