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!
Why is there an Incorrect Exchange Rate on a Sales Order?
Hi,
We have direct Integration with Xignite for exchange Rates. For one recent transaction from 12/9/2022, incorrect exchange rate was applied on the Sales order while it was absolutely correct on the invoice issued from the Sales Order for same date.
Few things to be noted for SO and INV
1) TX Currency is EUR and Functional Currency is GBP 2) FX Rate applied for the TX is USD (Base) to EUR(Source) which is 1.05587. The correct FX rate should have been GBP (Base) to EUR(Source) which is 0.861655 for same date 12/9/2022 3) No Manual changes/override was done in SO OR INV Transactions
Tagged:
0