Thursday, April 18, 2019

Transfer Funds > When currencies of accounts differ, at least one of the accounts must be a base currency account

Scenario:

·        Navigate to Transactions > Banks >Transfer Funds

·        Transfer amount between two non-base currencybank accounts of the same subsidiary

·        Receive prompt: When currencies of accountsdiffer, at least one of the accounts must be a base currency account

·        Example:

·        Customerneeds to transfer from USD bankaccount to HKD bank account with thesubsidiary's Base Currency being TWD

 


Enhancement#115545 has beenfiled for the request to have the ability to transfer funds from a non-base currency to another non-base currency

 

AlternateSolution:

·        NetSuiterequires users to transfer amount first from a non-base currency bank account to a base currency bank account then from that base currency bank account to the other non-base currency bank account:

·        Navigateto Transactions > Banks > Transfer Funds

·        Transferfrom USD Bank to TWD (Base Currency)Bank

·        Navigateto Transactions > Banks > Transfer Funds

·        Transferfrom TWD (Base Currency) Bank to HKDBank

1 comment:

  1. Do you happen to know how to perform exactly the same operation but via API? It seems that API (both SOAP and REST) are lack of this type of transaction "transfer". Thanks.

    ReplyDelete