New Rate Provider for Currency Exchange Rate Integration
As an enhancement to the Currency Exchange Rate Integration feature, HSBC is now a currency exchange rate provider. HSBC is a global bank with expertise in multiple currencies. NetSuite offers the same methods, such as triangulation, for obtaining exchange rates from HSBC as from other rate providers.
Change
When you enable the Currency Exchange Rate Integration feature for the first time, HSBC is the default rate provider. You can choose a different rate provider if you want to. For information about the Currency Exchange Rate Integration feature, see the help topic Currency Exchange Rate Integration. Advanced Numbering Duplicate Detection for Imported
Transactions
NetSuite 2021.2 supports duplicate document number detection for advanced numbering schemes when you import transactions to NetSuite. When you import a transaction, NetSuite determines which numbering rule applies to it using your rules’ criteria. It then checks if a transaction with the same document numbers already exist for the rule. If a duplicate is detected, NetSuite follows your Duplicate Number Warnings preference at Setup > Accounting > Preferences > Accounting Preferences > Items/
Transactions > Other Transaction Preferences:
- No Warnings - NetSuite does not not warn you when imported transactions use duplicate document numbers and imports all transactions.
- Warn (UI Only) - NetSuite warns you when imported transactions create duplicate document numbers and imports all transactions.
- Warn and Block - NetSuite warns you when imported transactions create duplicate document numbers, and does not import these transactions. The behavior of these options when saving transactions in the NetSuite UI is unchanged from previous releases. To set up duplicate detection for imported transactions, go to Setup > Accounting > Preferences > Accounting Preferences > Items/Transactions > Other Transaction Preferences and set the Duplicate Number Warnings preference. For more information, see the help topics Items/Transactions Accounting Preferences and Duplicate Transaction Number Warnings. Preference to Allow Non-posting Changes in Closed
Periods by Default
NetSuite 2021.2 includes a preference to allow non-posting changes in closed periods by default. When set, NetSuite checks the Allow Non-G/L Changes box for each new accounting period you create. Accounting periods which were created before setting this preference are unchanged. In this release, you can also check or uncheck the Allow Non-G/L Changes box on all accounting periods, even when they are not locked. To set this preference, go to Setup > Accounting > Preferences > Accounting Preferences > General. For more information, see the help topics Items/Transactions Accounting Preferences and Setting Up Single Accounting Periods.
Enhancement to Accounting Book Visibility by Role
This release updates how you select which accounting books are accessible to users by role. Users with a role that has access to an accounting book can post transactions to that book or see reports from that book.
Change
With this updated functionality, you can more quickly allow access to accounting books to users. For example, you can grant a role access to all accounting books, and users with this role will automatically have access to new accounting books as they are created. To set this preference by role, go to Setup > Users/Roles > User Management > Manage Roles and select or create a role. In the role record, go to the Accounting Books section and select one of the following in the Selected Accounting Books field:
- All - This role can see all accounting books
- Primary - This role can see only the primary accounting book
- Primary and Selected - This role can see the primary accounting book and any secondary books you select. When you select this option, an Accounting Book field appears where you can select which secondary books the role has access to. For more information, see Restricting Role Access to Accounting Books.