megaphone
Update your Profile with your Support type to get your Support Type badge.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Stay in the know of how NetSuite can help grow your business with our guides, webinars, and events. Subscribe Here
What Topic Should We Cover Next? Your idea could be our next feature—drop your suggestion now!
No Limits. Just possibilities. Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Discover what's next at SuiteConnect Tour 2026.
Try Intelligent Payment Automation – Fee Free For Your First Month For more information, visit this thread.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Don't miss out on our Question of the Week! You only have until tomorrow, May 5, 2026, 8:30PM ET to comment your answers.

Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.

Cash Accounts in other currencies

edited Jun 15, 2010 6:26PM in Accounting / ERP 3 comments

I'm at a loss to correct what seems like a minor issue, but it's annoying...

We have 3 cash accounts (main one is USD):
Cash in Bank
Cash in Bank - Euro
Cash in Bank - GBP

When we list accounts, the balance has been negative for quite some time...That's the annoying part...I'm pretty sure the culprit is the exchange rate used on the transactions...instead of a current rate.

For example, if looking at Cash in Bank - Euro:

Deposit on 1/1/2005 is 10,000 Euro at 1.20 that's $12,000
Payment on 1/1/2009 is 10,000 Euro at 1.40 that's $14,000  Thus, the balance shows a negative $2,000 with a zero Euro balance.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 2 (Apr-Jun 2026)

This Week's Leaders

This Month's Leaders

All Time Leaders