NetSuite Bundles

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Prolecto Foreign Currency Transaction Convertor

The Prolecto Foreign Currency Transaction (Trx) Convertor is a set of utilities designed to assist situations where you are working with foreign currency invoices and vendor bills but you seek to produce cash receipts and cash disbursements either with base currency or with other foreign currencies. The software algorithms leverage bank clearing account concepts.

Bundle ID

Ask for Bundle ID: 225595.

Version History

20231010.RC

  1. Ability to get more control over the Exchange Rate and resulting calculations
  2. Refinements for Amount Remaining display logic

20220325.RC

Minor revisions and mainteance 

20200324.RC

  • Minor Refinements
  • Added reference to Usage Guide

20190424.RC

Optimized for patterns to solve for invoice currency jump automation. 

20180605.RC

Revised for Customer Invoices and target transaction to base currency requirements.

20180307.RC

Refinements to trigger FRx bill creation using SuiteLets to ensure that bill user events fire.

20180211.RC

Refinements for sourcing and targeting fields to better adapt as it moves through the lifecycle. Button to launch in foreign currency receipt mode.

20180205.RC

Additional refinements to allow the user to specify the number of target currency units which will satisfy the source obligation by automatically determining the target exchange rate that will net equal economic impact in base currency without gains or losses.

20180130.RC

Initial release for testing with client.

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Marty Zigman

Holding all three official certifications, Marty is regarded as the top NetSuite expert and leads a team of senior professionals at Prolecto Resources, Inc. He is a former Deloitte & Touche CPA and has held CTO roles. For over 30 years, Marty has produced leadership in ERP, CRM and eCommerce business systems. Contact Marty to set up a conversation.

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