Finance leadership
Does this track all the assets we work with, including emerging ones?
You define the cryptocurrencies you transact in, each mapped to a NetSuite currency, and add new ones as your business starts using them. There is no fixed list to wait on.
How do we value crypto assets at period end and on disposition?
Crypto behaves as a NetSuite foreign currency, so period-end valuation, revaluation, and realised and unrealised gain and loss tracking run through the model your team already uses.
How do we manage exposure to price volatility?
Prices are captured at transaction time from a source you choose, and the history is retained, so exposure is measured against the ledger rather than estimated after the fact.
Controller and close
How do we reconcile crypto transactions at month end?
There is no second ledger to reconcile against. Crypto transactions are already in NetSuite, priced, so close follows your normal process.
Will this break our chart of accounts or reporting?
No. It extends NetSuite's existing foreign currency model rather than introducing a parallel structure, so your accounts and reports keep working as designed.
What happens when the price moves between quote, invoice and payment?
Each transaction carries the rate captured at its own point in time, and the differences flow through NetSuite's standard foreign currency gain and loss handling.
Audit and controls
Is the pricing logic defensible, and can we prove sources and timing?
Yes. Every priced transaction records where the price came from and when it was captured, and historical rates remain available for review.
Are the controls documented and testable?
Controls and governance are part of how we deliver the product, not an afterthought. We align the pricing logic with your internal controls and what your auditors expect to see.
IT and platform
How does this affect our NetSuite upgrades?
It is a SuiteApp listed on the Oracle NetSuite marketplace, built to live inside the platform rather than alongside it.
What if our pricing provider changes?
The plug-in architecture lets any backend service supply current and historical pricing, so changing provider does not mean changing systems.