does netsuite support other currencies such as uae...
# ask-stanley-ai
j
does netsuite support other currencies such as uae, canada? apart from dollors as unit price while creating sales orders
c
AI generated answer (using internal Slack threads):
Yes, NetSuite does support multiple currencies including UAE Dirham and Canadian Dollar. You can create sales orders in these currencies as well. However, you need to enable the multi-currency feature for the customer and update the customer information to include the new currency. For automatic updates of exchange rates, you need to check the automatic update box on the currency record. If the exchange rate record has a date like 1/1/1970, it means that's the default rate for that currency and there haven't been any current rates downloaded yet. It's recommended not to let the system use this default rate as it can be inaccurate. When it comes to pricing and costing for multiple currencies, you need to set up the different currencies on the item itself where you set the USD price. There is no automatic conversion with the exchange rate, you need to set the price manually either in the UI or via CSV import. NetSuite does not automatically convert the USD price to other currencies on 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: 0.853149474
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.848816037
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.843200803
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