Hello,
We have a currency conversion problem with the journals table.
Steps:
1.- We insert a journal in Local Currency (LC) with the journals functionality. Both convert at average rate (for example), so when we run currency conversion rules the value is converted in Legalapp application, but not in Journal Table. So if the users or auditors need to see all the journals in EUR is not possible to extract with the journals reports.
2.- Also we have the problem when we apply the carry forward rules for the next year, and the RE-Open functionality. Example, the flow of the year N applies at average rate, when we make the carry forward rule it goes to Opening Balance flow, and this opening balance doesn´t have currency conversion rule (AS-IS)(we cannot use an OPEAVG rule because we need the historical value in the opening balance flow). So we lose the EUR position value because we don´t have a journal to apply the RE-OPEN functionality.
3.- We have the possibility of inserting the Journal in LC and EUR (Group Currency) also, but here you are obligating to the users to manually convert the values of each account of each journal, and can be mistakes of the value that the user insert in the Journal Entry, with the values of the application (converted with the currency conversion functionality).
Do you know how can we solve this error?
Regards,