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NSC | Currency Exchange Rate Used for Secondary Book

edited Aug 8, 2025 11:56PM in Accounting / ERP

Scenario

The user wants to understand how NetSuite determines the currency exchange rate for the secondary book when the Multibook feature is enabled, but the Currency Exchange Rate Integration is not activated. In this case, the client intends to manually input exchange rates. The specific query is: What currency exchange rate will NetSuite apply if the user forgets to manually upload the rate before posting a transaction on a particular date?

Solution

The currency exchange rate in Lists > Accounting > Currency Exchange Rates is the exchange rate generally followed by transactions entered for that date.  However, user can still edit the exchange rate used per transaction.

Clarisa De Torres | Ask a Guru

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