Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
We’re excited to announce that the 2025 Community Recap is now available! This special recap highlights the amazing contributions and achievements of our members over the year and celebrates the collective success of our community.
Check your personalized recap to see the impact you made in 2025 and how your efforts helped shape our community’s growth and success.
View Your 2025 Community Recap
Thank you to everyone for your passion, collaboration, and support. Here’s to building an even stronger community together in the year ahead!
Season’s greetings to you and yours! As we head into the holidays (December 24 – January 4), we want to take a moment to celebrate the incredible strength and collaboration within our community. Even during the break, you can continue to benefit from connecting with peers, searching related threads, posting your questions, and marking helpful replies as “Accepted” in the Support Community.
Please note our dedicated team will be on reduced coverage during this time, and regular responsiveness will resume on January 5. Wishing you a joyful and restful holiday season!
-The NetSuite Support Community Team
Foreign Exchange conversion issues?
Hello,
We started doing business in the UK last year and have not been able to figure out how NetSuite is handling our FX transactions.
It is my understanding that all FX conversions - realized and unrealized (BS conversion) runs through one account in the income statement. Obviously, as we prepare our financial report, we are required to take out unrealized conversions and run through OCI.
However, we are finding that our cash balances are off because Netsuite is using a much different rate than the rate the transaction actually occurred at. How do we remedy this? Over time, the small differences add up to large discrepancies. The only way I could account for them is to create a sub account of the foreign cash account to run the "revaluation" entry through.