Internal reconciliation different currency

[Former Member]

Hello

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

Thanks

Jacobo

[JesperB1 · Accepted solution]

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

[preety_goel]

Hi,

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

Regards

Preety Goel

SAP Business One Forums Team