If I post in several currencies to a single accoun...
# ask-stanley-ai
r
If I post in several currencies to a single account, how do I figure the balance by currency in that account?
c
AI generated answer (using internal Slack threads):
In NetSuite, if you post in several currencies to a single account, you can figure the balance by currency in that account by running a currency revaluation. This can be done by navigating to
Transactions | Financial | Revalue Open Currency Balances
. This is part of the period close process. However, please note that you can't run a balance sheet that shows balances in foreign currency only. You may be able to add an "Amount (Foreign Currency)" column to your balance sheet though. If you want to see which account is used for currency revaluation, you can go to
Setup > Accounting > Foreign Currency Variance Posting Rules
. This is where you can set up foreign variance rules and use other accounts. ****** 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: 0.838378966
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.828003
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.82257086
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