Is it okay to group bank accounts of different cur...
# ask-stanley-ai
a
Is it okay to group bank accounts of different currencies together in the CoA?
c
AI generated answer (using internal Slack threads):
Based on the conversations provided, it is not recommended to group bank accounts of different currencies together in the Chart of Accounts (CoA). In NetSuite, a bank account can only have one currency and one subsidiary. This is due to system limitations/setup. You can have multiple bank accounts per subsidiary and different currency for each bank account (or the same). This makes sense considering bank accounts in different countries have different numbers, even if they are all within the same bank. If you have one bank account for multiple subsidiaries, it is necessary to create multiple GL accounts of bank/cash type. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.819544852
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.817144752
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.812568784
Please provide your feedback on this answer.