realized gain/loss – knowledgebase JJ

Unrealized Matching Gain/Loss

Foreign Currency Variance Mapping feature

When a payment is applied to close a transaction, NS automatically calculates the variance amounts due to the exchange rate variation and posts to the Realized gain or loss account. The variance posts by default to the Realized Gain/Loss account. As standard, Loss will be posted to debit of Realized Gain/Loss account and Gain will be… Continue reading Foreign Currency Variance Mapping feature

Currency revaluation transaction types

This article includes the type of currency revaluation transactions and how they are created in NetSuite.