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BTS One Bulgaria VAT Localization for NetSuite

BTS One Romania FX Rate Integration for NetSuite

Status: Unverified

Daily integration to the National Bank of Romania for update of the exchange rates of the RON currency against all traded by RNB currencies in NetSuite.

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Description

Description

Daily updates of the exchange rate of the RON currency within NetSuite, based on the Romania National Bank’s exchange rates.

Key Benefits

Daily updates of the exchange rate of the RON currency within NetSuite, based on the Romania National Bank’s exchange rates. No manual work is required, the exchange rates are getting updated automatically.

Works with the standard Multi-currency Integration feature of NetSuite

The feature is compatible with the standard feature of NetSuite for daily updates of FX Rate. It can be configured to work after the standard feature and to update the RON currency only at a specific time of the day.

FEATURES

Scheduled updates - daily, weekly, monthly

You can decide on how often and what time during day to update the exchange rates of the RON.

No manual work

Forget about manual entry of exchange rates. Now, your Currency Exchange Rate records for RON can be updated automatically by using the FX Rates from the Romania National Bank.

It can work even if you are using the integration to the standard NetSuite providers.

You can still use the standard feature for your other base currencies. This custom feature is set up to update only  the RON currency.