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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!
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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
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
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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