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New to NetSuite | Editing Consolidated Exchange Rates

in Advanced Accounting & OneWorld

Consolidated Exchange Rates are the specific rates NetSuite uses to roll up financial data from child subsidiaries into a parent company for reporting. While NetSuite calculates these automatically, manual overrides are often necessary during month-end closes to meet audit requirements or specific accounting standards.

1. Navigate to List > Accounting > Consolidated Exchange Rates.

2. Click Edit next to the rate you want to modify.

3. On the Consolidated Exchange Rate record, you can update the Average Exchange Rate, Current Exchange Rate, and Historical Exchange Rate.

4. Save the record.

You can also edit rates directly in the List View by toggling the Edit switch.

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Niña Camille Paule | Advanced Accounting and Reporting

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