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If youre running a business with multiple subsidiaries or charge customers in multiple currencies, SuiteSync takes care of currency conversion and bank reconciliation. Here are some common ways Stripe NetSuite are set up: You can use one Stripe account with a single settlement currency, a Stripe account with multiple settlement currencies, or, you can use multiple Stripe accounts linked to multiple NetSuite Subsidiaries. Lets look at converting a currency into a single settlement currency in Stripe: In this account, all currencies are converted to British Pounds. For this payment, the customer is charged 100 Canadian dollars which is converted to 54 British Pounds by Stripe using the current exchange rate. SuiteSync automatically creates a NetSuite payment for this record. Lets look at the NetSuite Payment. SuiteSync creates the payment for the gross amount charged to the customer in Canadian dollars. The exchange rate used to convert Canadian Dollars to British Pounds for this pa