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New to NetSuite | Assigning Currencies at the Entity Level
In our previous article, New to NetSuite | Set Up Currencies, we covered how to add new currencies to your system for account-wide use.
This guide focuses on Assigning Currencies at the Entity Level for Customer and Vendor records. Because NetSuite OneWorld links every entity to a subsidiary, the entity’s Primary Currency is automatically inherited from that subsidiary’s base currency. This connection is vital for maintaining a mirror-image relationship between your sub-ledger transactions and the General Ledger.
I. Open the Customer or Vendor record.
Note: The subsidiary currency is assigned by default.
II. On the Financial tab's Currencies subtab, you can add further currencies to support multi-currency transactions for that specific record.
Niña Camille Paule | Advanced Accounting and Reporting
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