Currency Translation Adjustment (CTA) CTA is meant to reflect currency fluctuations during consolidation. For example, if the Indian subsidiary (base currency INR) has ₹1,00,000 in retained earnings and the INR-USD rate changes from 83 to 85, NetSuite calculates the translation difference during consolidation and posts a CTA adjustment in the Netherlands parent (base currency USD). … Continue reading NetSuite Financial topics – CTA, Exchange rate Gain/Loss
Tag: Unrealised gain or losses
Calculation of unrealized matching gain/loss
Per SuiteAnswers ID: 14964 – Foreign Currency Revaluation: “Unrealized Matching Gain/Loss is a type of gain or loss is shown on the GL Impact subtab of certain foreign currency transactions, such as the bank deposit for a customer payment. NetSuite creates a gain or loss as part of the bank deposit, regardless of the dates of the customer… Continue reading Calculation of unrealized matching gain/loss
Unrealized Gain or loss in Deposit
Unrealized Gain or loss in Deposit
Currency revaluation and reversal in different periods
This article summarizes why NetSuite is posting unrealised gain or losses currency revaluation transaction at the end of the current period and its reversal at the beginning of the next period, when we run NetSuite currency revaluation task.