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Re: Different rates for the same currency but different subsidiary
Hi @emcee_uk, per SAID 7711, here's how Consolidated Exchange Rates are computed: Current rate - uses the base currency (GBP) rate from the Currency Exchange Rates list as of the end of the peri…1 -
Re: Different currency for statutory books
Hi @User_9AUJK, were you able to create a secondary book already? If yes, this can be found via Setup > Accounting > Accounting Books. Per SAID 63100: "If you are using Foreign Currency Ma…1 -
NetSuite Admin Tip | How to Verify the Computed Average Consolidated Exchange Rate
The success of multinational corporations is significantly influenced by exchange rates. Exchange rates enable countries to assess their currency values and facilitate cross-border transactions. Glob…2 -
Re: Different currency for statutory books
Hi @User_9AUJK When creating a secondary book, you may select your preferred currency on your subsidiaries which can be different from its primary base currency: This is also stated in SAID 36447: Se…1 -
Re: Time to provision One World
Hi @Zeen, yes, Customer, Partner or Professional Services can request the One World upgrade on their preferred date and time. It is also required that OneWorld Upgrade be done in Sandbox first prior …1
