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• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Impact of transaction date on the Currency Conversion Rate
Hello Gurus,
I got an interesting question here.
Want to get clarified the below scenario on the Currency Conversion Rate.
Let say I created a journal entry a future date (transaction date as 07/10/2023) and let’s say the JE is in a currency other than the base currency of the entity. As I see NetSuite is assigning a conversion rate of today's date.
Does NetSuite automatically update the rate when that date occurs? (in this case it is 07/10/2023)
Thanks & Regards,
~BN
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