NetSuite ERP | Multi-currency Transactions

Multi-Currency Transactions and Reporting


Companies that have offices in other countries, or those that frequently do business with foreign companies, must record and track transactions in foreign currencies. The automated currency revaluation feature simplifies the period-end close process by generating adjusting journal entries to reflect exchange rate fluctuations on any open accounts payable or receivable transactions. Plus, with NetSuite's financial management capabilities you can price your items in multiple foreign currencies to ensure customers see only current exchange rates and prices.