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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
NetSuite’s native currency translation adjustment (CTA) reporting across multiple subsidiaries can be complex to configure and often lacks the detailed analysis capabilities needed for comprehensive foreign exchange impact assessment.
Here’s how to create detailed CTA analysis with subsidiary-level drill-down capability and automated variance analysis for comprehensive FX risk management.
Build comprehensive CTA analysis beyond NetSuite’s standard reporting
Coefficient enhances consolidated reporting by providing detailed CTA analysis capabilities with much more analytical depth than NetSuite’s standard CTA reporting.
How to make it work
Step 1. Extract multi-subsidiary data with currency identifiers.
Use Coefficient’s Records & Lists import to extract balance sheet and P&L data from all subsidiaries with subsidiary identifiers, functional currencies, and reporting currency amounts from NetSuite .
Step 2. Build custom CTA calculations with detailed analysis.
Create calculations that show translation differences by subsidiary and account, period-over-period CTA movement analysis, rate sensitivity analysis for different exchange rate scenarios, and detailed reconciliation between functional and reporting currency amounts.
Step 3. Create consolidated CTA reporting with drill-down capability.
Build comprehensive reports that roll up translation adjustments across all subsidiaries while maintaining drill-down to subsidiary-level detail. For example: =SUMIFS(CTAAmounts,Subsidiary,A2,Account,B2) to summarize CTA by subsidiary and account.
Step 4. Set up automated variance analysis and executive dashboards.
Create calculations that automatically identify significant CTA movements and flag subsidiaries with unusual FX impacts. Build executive dashboards showing total FX impact across the organization and detailed subsidiary-level analysis. Schedule refreshes to keep your NetSuite subsidiary data current.
Get the FX impact visibility you need for multi-subsidiary risk management
This approach maintains live connectivity to your NetSuite subsidiary data while providing analytical depth for comprehensive foreign exchange risk management and reporting across your organization. Start building detailed CTA analysis today.
