NetSuite Insights & Guides | CuriousRubik

Know difference between Balance and Balance base in NetSuite

Written by CuriousRubik | Sep 15, 2011, 8:46:00 AM

Under financial tab of Customer or Vendor we used to obseve Balance and Balance base, the below is the difference we can observe

 

Balance: is the outstanding Receivable/Payable amount expressed in the Primary Currency of the entity. i.e. customer or vendor currency

Balance (Base): Is the outstanding Receivable/Payable amount expressed in the Base Currency of the Company.