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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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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 Unrealized Gain/Loss Currency Revaluation calculated in other Balance Sheet Accounts?
Scenario:
User wants to know how Unrealized Gains/Loss are calculated for Balance Sheet Accounts (non Accounts Payable/Receivable) in the Currency Revaluation record:
In this example, the subsidiary is using USD as a base currency.
As per SuiteAnswers ID: 15060, these are the details of the Unrealized Gain/Loss for other balance sheet account:
Account – Name of the foreign currency account
Currency – Foreign currency used for the account
Foreign Currency Balance – Account balance denominated in foreign currency
Base Currency Balance – Accumulated account balance in base currency based on historical transactions
Note: The unrealized currency revaluation of accounts is on a
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