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NSC | Is it Possible to Change the "Unrealized Gains/Losses” Account that is Automatically Posted?

edited Aug 22, 2025 8:52PM in Accounting / ERP

Scenario

The user wants to know if it's possible to change the 'Unrealized Gains/Losses' account that is automatically posted during the Month-End Currency Revaluation process. They want the revaluation to be posted to an alternative account instead of the standard NetSuite account.

Scenario

User can use Foreign Currency Variance Mapping if they want to have a realized or unrealized gain posted to an account different from a realized or unrealized loss.

To enable the Foreign Currency Variance Mapping feature, go to Setup > Company > Enable Features. Foreign Currency Variance Mapping is on the Accounting subtab under Advanced Features. Check the feature box and click

Clarisa De Torres | Ask a Guru

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