Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Don't miss out on our Question of the Week! You only have until tomorrow, September 11, 2025, 2PM ET to comment your answers and earn rewards! Click here for more details.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
NetSuite 2025.2 Release Notes - This document summarizes the changes to NetSuite between 2025.2 and the previous release.
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
SuiteWorld October 6 - 9, 2025: Agenda Builder is live!

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!

Why does Consolidated Exch. Rate not matching period end rate?

edited Jun 2, 2025 2:32PM in Ask A Guru 5 comments

Hi there, hoping someone can help us out.

We have Company C (GBP) -> Company B (EUR) -> Company A (USD)

C is a child of B, which is a child of parent A.

The December Consolidated Exchange Rate for Company C (GBP) --> Company A (USD) is showing as = 1.20851182

From speaking with Netsuite Support, I understand that the consolidated exchange rate is calculated by first converting C --> B, and then B-->A. So based on the period end dates provided via Xignite, the consolidated exchange rate is calculated correctly.

However, it is my understanding that the consolidated exchange rate should also equal the Period End Rate of the GBP>EUR. In this instance, The GBP>USD rate is 1.2103 vs the Consolidated Exch. Rate of 1.20851182, leading to a variance of 0.0018 which is causing issues with our close.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 3 (Jul-Sep 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders