What It Does
Capabilities & Features
The Prolecto Currency Revaluation Enhancer provides a detailed breakdown of currency revaluation amounts by Customer and Vendor. This tool is designed for NetSuite environments that utilize account types other than Accounts Receivable and Accounts Payable and would like to see the entities that make up the unrealized gain or loss in a particular period. The tool runs automatically and stores a custom transaction (PRI Currency Revaluation) in a custom record (PRI Currency Control Record) for reviewing and comparison of native revaluations to the custom revaluations.
Why It Matters
Business Value
One World customers with multi-currency configurations may be using alternative configurations to drive accounting and bookkeeping. In doing so, additional insight is needed to explain currency revaluations. The tool is offered without transaction or recurring license charges.