What is true about multi-currency Customers?

When the Multi-Currency feature is enabled in an Oracle NetSuite environment, a single customer record can be configured to conduct business in multiple currencies. On the 'Financial' subtab of the customer record, users can add any currency that has been set up in the system to the 'Currencies' sublist. This allows transactions, such as sales orders and invoices, to be created for that customer in any of their designated currencies. The system does not impose a hard limit on the number of currencies that can be associated with a single customer entity.

B. A payment must be applied in the same currency as the invoice it is intended to settle. A cross-currency application is not a standard function.

C. A sub-customer is a distinct entity regarding financial settings. It can have its own primary currency and transact in currencies different from its parent customer.

D. A customer is assigned to a primary subsidiary, but they are not restricted to transacting only in that subsidiary's base currency.

1. Oracle NetSuite Help Center. (2023). Customers and Multiple Currencies. SuiteAnswers

ID: 37823. This document states

"When you use the Multiple Currencies feature

you can add currencies to customer records to let you create transactions for those customers in foreign currencies... On the Financial subtab of a customer record

a Currencies subtab is available to add transaction currencies for the customer."

2. Oracle NetSuite Help Center. (2023). Assigning Currencies to a Customer Record. SuiteAnswers

ID: 37824. This guide details the procedure: "On the Financial subtab of the customer record

click the Currencies subtab... In the Currency column

select the currency you want to add for this customer... Repeat these steps for each currency you want to add for this customer." This process confirms that multiple

and by extension an unlimited number of configured

currencies can be added.

3. Oracle NetSuite Help Center. (2023). Applying a Customer Payment. SuiteAnswers

ID: 38381. This article clarifies the payment process

refuting option B: "The currency of the payment must be the same as the currency of the invoice."