Need to add a new currency (AED) to our NS account - anything to watch out for or be aware of prior to doing so?
Ben Barnett
03/10/2022, 9:19 PM
More specifically, we received an invoice in AED from a vendor that is due upon receipt and currency to pay is in AED. Is the correct approach to simply add the new currency?
a
Ashish Atri
03/11/2022, 5:55 AM
Do you have a bank account in AED currency as well for payment?
b
Ben Barnett
03/11/2022, 2:46 PM
@Ashish Atri I don’t believe so, no
a
Ashish Atri
03/12/2022, 9:18 PM
I think you definitely need to setup a new currency - AED. Also Netsuite has a limitation in paying Vendor bills from bank account with different currencies. Not sure if the limitation is still there so you can check that out.