what are all of the foreign currency calculation o...
# ask-stanley-ai
s
what are all of the foreign currency calculation options
c
AI generated answer (using internal Slack threads):
In NetSuite, there are several ways to calculate foreign currency amounts. Here are some of the options discussed in the Slack threads: 1. Using Amount (Net of Tax) field in saved search: You can use a formula to convert this to the transaction currency. The formula would be
(amount net of tax internal id)/(exchange rate internal id)
. If you select None in the Consolidation Type field under the Results, all the amounts will be in foreign currency so you won't need to convert. 2. Using Tax (Foreign) field: This field shows the value of the tax amount in the foreign currency. 3. Using Amount (Foreign) field: This field shows the value of the amount in the foreign currency. 4. Using a formula to multiply by the Exchange Rate: If you want to get the Net Amount for example in Foreign Currency, you can use a formula and multiply by the Exchange Rate. 5. Using Consolidated Exchange Rate Types for Transaction Searches: This is a feature in NetSuite that allows you to consolidate exchange rates for transaction searches. You can learn more about it in the NetSuite Help Center. 6. Removing criteria Main line - Yes: If you remove this criteria, then you get line amounts as well. You can then build a summary search to show totals of all foreign currency amounts from the same transaction. Remember, the approach you choose will depend on your specific needs and the nature of your transactions. ****** 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: 0.829331636
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.815841317
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.815746307
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