NSC | SuiteQL: Using JOIN to Get Currency Name and Exchange Rate from the Currency Table

Scenario:

The finance team wants to generate a report that shows all international sales transactions, including the original transaction currency and the corresponding exchange rates used for conversion to the base currency.

Solution:

The following query retrieves essential details about transactions, including the currency name, its exchange rate, the currency used in the transaction, the unique transaction ID, its status, and the transaction type.

SELECT transaction.currency,currency.name,currency.exchangerate,
transaction.id as Internal_ID,
transaction.status,
transaction.type
FROM transaction
JOIN currency ON currency.id = transaction.currency
WHEREtransaction.currency <> 1 AND (transaction.type='CustInvc'OR type='CustPymt');

With this query, the finance team can review sales transactions in different currencies, ensuring accurate financial reporting. It helps identify potential discrepancies or anomalies in exchange rate applications. The report assists in assessing the company's exposure to foreign exchange rate fluctuations. Additionally, this analysis is valuable for budgeting, forecasting, and making strategic decisions related to international operations.