Currency used as a medium of exchange for goods and services. Companies that have offices in other countries, or those that frequently do business with foreign companies, must record and track transactions in foreign currencies.If you have a customer that wants to interact with you in a different currency from your base currency, you will have to establish a new customer record. For this reason, it may make more sense to turn on the Multi-Currency Customers and Vendors feature. NetSuite's financial management capabilities you can price your items in multiple foreign currencies to ensure customers. NetSuite supports all ISO 4217 standard currencies.
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Recent Posts
Steps to Building & Unbuilding Assembly items for manufacturing .
Topics: NetSuite, Netsuiteblog
Learn about NetSuite Dashboard and How to Personalize NetSuite Dashboard?
The Dashboard is the first thing users will see when they login into the NetSuite, with dashboards users can get a high-level overview on what's happening on their day to day business.
Topics: NetSuite
A work order is control your production and flow of inventory within your business, it means track the assembly items required for stock. work order representing a each step of physical work to be completed in a warehouse and track the availability of each component an assembly that need to be built.
Topics: Netsuiteblog
Track your items Individually or as group and can also track serial and lot number of you inventory. Includes history of the recent transaction in each inventory item.You can also Track the items individual or group of track the inventory items.
Topics: NetSuite
How to create Matrix Assemblies & Phantom Assemblies in Netsuite.
Firstly enable the assembly items, Matrix items features to use matrix assemblies. After enable the features in item records contain a matrix assemblies.
Matrix Assemblies: It is useful to planning the assembly items and production tracking purpose. Using the matrix to allows faster order entry items with different attributes, such as clothing items that come in different sizes and colors. Each group of attributes is unique and will have its own SKU, as well as its own price. Matrix items can be created at once by creating the parent item, selecting the options and system create the subitems. For example, a T-shirt could be defined by size and color.
Topics: NetSuite, Netsuiteblog
Explanation about Vendor creation and inactivation process in NetSuite OneWorld Account.
A portlet is essentially a visual plug-in that you can add and arrange on your NetSuite dashboard to highlight certain information. It gives you a snapshot of your business, and the plethora of portlet options allow you to tailor your view. The Personalize Dashboard panel displays the content that you can add to your dashboard on tabs for Standard Content, Report Snapshots, and Trend Graphs. The portlets that you are currently using appear on the Currently Used tab.
Topics: NetSuite
By using ‘Pricing Group’, as per customer based prices are displayed in sales transactions. For example customer is a wholesaler. And sell the all items at wholesale price. In sales transactions price levels mentioning for each added item at line level record it’s take more time. But we have an option In NetSuite. That is ‘Pricing Group’. By using this ‘Pricing Group’ in sales transactions prices are displayed as per customer-specific dynamically when add the item in sales transaction.
Topics: NetSuite





















































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