ANS-1190 · ACCOUNTING & FINANCIAL CONFIGURATION

How to Clear the Currency Field on NetSuite Accounts

Understand the limitations and potential methods for removing currency assignments from NetSuite accounts where it is not a mandatory field.

Short answer

While an account's currency generally cannot be changed after transactions, it may be possible to clear the currency for account types where it is not mandatory. This specific data adjustment typically requires direct engagement with NetSuite support, as user-level modification is not available for this action.

Scenario

NetSuite users may encounter situations where an account has an assigned currency, but the account type does not mandate a currency, and the currency value needs to be removed. This often occurs when accounts are incorrectly configured or when specific financial reporting requirements necessitate a currency-neutral account.

Solution

It is generally not possible to change the currency of an account once transactions have been posted. However, for account types where currency is not a mandatory field, it may be possible to clear the assigned currency value. Direct user modification to clear an account's currency is not available through standard NetSuite interfaces. For such specific data adjustments, it is typically necessary to open a NetSuite support case. Clearly articulate in the support case that the objective is to clear the currency field for an account type where currency is not mandatory.

Expert NetSuite Support

Need help with this NetSuite issue?

Accounting & Financial Configuration consulting and configuration support

Talk to a consultant