Discussions
Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
Canadian Exchange rate changes affecting USD costs of products? Case#521505
[posted this over in the accounting section too]
We are a Canadian company that deals with US suppliers.
When we setup US suppliers in our system, they are setup as using USD currency – since we pay their costs in USD $$$, not Canadian $$$.
Something has changed in one of the v11+ updates, so that now when I change our system exchange rate when paying US bills (eg 1.15 to 1.18) it's changing my US suppliers USD costs on product - which it clearly shouldn't be!
eg: If the supplier charges $100USD for the widget this week with the Canadian Exchange rate at 1.15, it still cost us $100USD. If the Canadian exchange rate is 1.18 next week, we STILL pay $100USD for that product regardless of what the Canadian exchange rate is set to on the system. The $USD cost on that product should NOT be changing.