Multi-Currency Overview
Understand how NetSuite handles foreign currency transactions, conversions, and gains/losses.
Sample Scenario
Base Currency: USD
Transaction: €10,000 invoice to EU customer
Rate at Sale: 1.10 USD/EUR
Rate at Payment: 1.08 USD/EUR
Coming Soon
This appendix is under development. Full content will include currency setup and revaluation examples.
Exchange Rate Management
Configure exchange rates manually or via automatic feed. Set consolidation rates for reporting.
Foreign Currency Transactions
Invoice: €10,000 × 1.10 = $11,000 AR. Payment: €10,000 × 1.08 = $10,800. Realize $200 loss.
Currency Revaluation
Run revaluation at period end to mark open balances to current rates and record unrealized gains/losses.
Multi-Currency Reporting
Generate reports in transaction currency, base currency, or consolidated reporting currencies.