Currency and company code

[Former Member]

Dear friends

i noticed all GL accounts in COMPANY CODE 1100 are set up as CAD$ AND IN 1200 is as USD$. (1100 COMPANY CODE IN CANADA AND 1200 COMPANY CODE IN US) is this correct?

just i want to know what happens when we post in Euro to a vendor?

kindly explain to me ..

regards

Mahi

[Former Member]

When the GL account currency is same as company code currency, you can post to that GL account in any currency (exchange rates should be maintained, of course). If the GL account currency is other than company code currency, you can then post only in that other currency.