Base Currency Only Transactions

Note:

Please contact your sales or account representative to find out how to get the Full Multi-Book Accounting feature. The assistance of NetSuite Professional Services or a Multi-Book authorized partner is required to implement this feature. You should consider contacting NetSuite Professional Services or a Multi-Book authorized partner for assistance in setting up the Adjustment-Only Books feature, even though it is not required.

Important:

Multi-Book Accounting, including the Adjustment-Only Books feature, is available only in NetSuite OneWorld.

The following NetSuite ERP processes can be performed only through subsidiary base currencies. In Multi-Book Accounting, the related transactions are all book-specific. For more information, see Book-Generic and Book-Specific Records.

• Inventory costing

• Revenue recognition

• Expense amortization

• Intercompany elimination journal entries

Related Topics:

Foreign Currency Revaluation in Multi-Book Accounting

Revaluation of Invoice with Open Payment and Historical Transaction Processing

Intercompany Transaction Management

Bank Transfers in Multi-Book Accounting

Inventory Costing Transactions

Foreign Currency Management

General Notices