RE: Advanced Intercompany Journal Entries Currency Revaluation
We have many advanced intercompany Journal Entries from 2018, which causes big currency revaluations issues for all the subsidiaries.
All these intercompany JE’s has equal amounts in both from and To subsidies, but these are not Offsetting.
We tried to apply to Bills, but NetSuite won’t apply different header-level currencies to apply for a bill. Example: If we have intercompany with header level US Dollar and line-level with US Dollar and Japanese Yen. When we tried to apply for Bill with the Japanese yen, the System is not processing it.
We want to reduce currency revaluation for the advanced intercompany Journal Entries.
Thank you for your message, we are running Eliminate Intercompany during period close. Still, we see the difference in the FX offsetting and it keeps growing. Our controller did not like the differences keep growing every month, some times need to adjust it manually