does foreign currency variance posting rules work ...
# ask-stanley-ai
h
does foreign currency variance posting rules work on rounding gain/loss?
c
AI generated answer (using internal Slack threads):
Based on the conversations provided, it appears that NetSuite does allow for the creation of Foreign Currency Variance Posting Rules. These rules can be used to handle cases where there are realized foreign exchange gains or losses due to fund transfers in foreign currency. However, it's important to note that these rules are limited to other expense and other income account types. You can set up rules specifically for unrealized forex gains and losses, and these rules can be filtered when setting them up. In terms of whether these rules work on rounding gain/loss, the conversations do not provide a definitive answer. However, given that these rules are designed to handle foreign exchange gains or losses, it is plausible that they could also apply to rounding gain/loss. ****** 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: 0.854098
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.834121406
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.825300574
Please provide your feedback on this answer.