How can I update the default foreign exchange and ...
# ask-stanley-ai
j
How can I update the default foreign exchange and gain/loss accounts to be a custom GL account and not the system generated one?
c
AI generated answer (using internal Slack threads):
To update the default foreign exchange and gain/loss accounts to be a custom GL account and not the system generated one, you would need to use a custom GL plugin script. This is not a default feature in NetSuite, but it can be achieved through customization. Here are the steps you would need to follow: 1. Navigate to Setup / Accounting / Foreign Currency Variance Posting Rules. This is where you can set the rules for foreign currency variance. 2. Create a custom GL plugin script. This script will allow you to customize the GL lines on transactions, including the accounts used for foreign exchange and gain/loss. 3. In your custom GL plugin script, you can map the credit and debit amounts to your custom GL account based on your specific conditions. Please note that this is a complex customization and should be done by someone with experience in SuiteScript and NetSuite customization. ****** 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: 0.815050185
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.811807215
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.811611533
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