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Internal reconciliation different currency

Hello

Does any one know if you can do an internal reconciliation in a currency diferent from the local?

Thanks

Jacobo

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2 Answers

  • Best Answer
    Sep 03, 2008 at 04:59 PM

    Hi Jacobo,

    A reconciliation will always be done in the BP or account currency.

    In Business One that means the an account set up as local or multi/all currency will be reconciled in local currency.

    An account or a Business Partner defined in a single foreign currency will be reconciled in that foreign currency.

    It is not possible to reconcile a multi or local currency account or BP in a foreign currency.

    Please note that all balances for a multi currency account or business partner is held in local currency which is also why they are reconciled in local.

    Hope it helps,

    Jesper

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  • Sep 06, 2008 at 12:03 PM

    Hi,

    In addition to above, please also see SAP note 766671.

    Regards

    Preety Goel

    SAP Business One Forums Team

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