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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
Read on for the latest updates including:
• Agenda Builder launch
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Check out this thread to learn more!
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!
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Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
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.
NSC | How is Realized Gain/Loss computed in a Payment of Sales Invoice
Realized Gain/Loss Currency Revaluation transactions record the variance due to exchange rate changes between the initial values of transactions (source transactions) and their values upon closure or payment.
Scenario:
A user has a customer that is using CAD. They have created a Sales Invoice using this customer, under a USD subsidiary posted May 9, 2022:
Amount: CAD $1,000
Currency Exchange Rate: 0.771
Converted Amount = Currency Exchange Rate X Amount in Foreign Currency (0.773213 X CAD $1,000) = USD $771
On May 25, 2022 payment was made to the full amount of CAD $1,000:
Currency Exchange Rate is 0.779
Converted Amount = Currency Exchange Rate X Amount in Foreign Currency (0.779 X CAD $1,000) = USD $779
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