![Tips to Manage Foreign Currency Variance Efficiently in NetSuite }}](https://blog.proteloinc.com/hs-fs/hubfs/netusite-foreign-currency-variance-mapping-and-posting-tules.webp?width=767&name=netusite-foreign-currency-variance-mapping-and-posting-tules.webp)
If your business uses NetSuite internationally and handles transactions in multiple currencies, it's crucial to monitor the changing exchange rates between invoice and payment dates. With NetSuite's Foreign Currency Variance Posting Rules and Mapping feature, you can easily set up rules to allocate gain or loss variances to specific accounts...