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NSC | Is It Possible to Stop Automatic Creation of Currency Revaluation?
Scenario
The user is interested in knowing if there is a setting in NetSuite that can prevent the creation of Currency Revaluation transactions. For instance, consider the following scenario:
01/01: Bill with Exchange Rate 23.5
05/02: Bill Payment with Exchange Rate 25
In this case, the system automatically generates a currency revaluation transaction immediately. The user aims to delay the creation of such transactions.
Solution
The sample scenario given above seems like a realized gain/loss type of currency revaluation. Realized gains and losses are automatically calculated by NetSuite for paid transactions which is the current standard behavior of the system.
Per further checking, it seems that delayed creation of this transaction is not currently possible.
Clarisa De Torres | Ask a Guru
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