Skip to Content
0
Former Member
Apr 28, 2009 at 01:32 PM

Can Journals be entered for currency other than Local Currency?

50 Views

Hi,

My client would like to create a journal to reverse an FX Translation for the current month so that the translation reflects the exchange rate for the previous month. They do not want the local currency value affected, it is only for a specific entity and it is also only for Management Accounts (we have two structures in DATASRC Management and Statutory) which only have one shared member INPUT.

Any suggestions?

One solution would be to run a script that changes the Translated currencies only, but I was hoping that perhaps pure Journals could resolve this.

Kind Regards,

Fiona