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NetSuite 2026.1 Release Notes - This document summarizes the changes to NetSuite between 2026.1 and the previous release.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Try Intelligent Payment Automation – Fee Free For Your First Month
Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
COGS and exchange rate and income statement
I'm have a real bugger of a time with my income statement and COGS.
For example:
I purchased an item from a vendor at 100 EUR
I paid the bill at the exchange rate of 1.332 ( Sounds like a dream now)
My cogs account says the kit cost me 129.16
My question is how does that work? Shouldnt the COGS reflect $133.20?
Regardless, that's pretty close to the truth - so in the income statement we have the COGS roughly (but only roughly) reflecting the cost of the items in the expense side, but where is the difference? Or how do I get know/fine tune the cogs to be correct. This happened on an item where none of the items was part of an inventory adjustment or return, so it should really be straight forward, right?
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