on 11-09-2012 8:23 AM
Good Day Community
Is there any way to change GL Account Currency back to Specific Foreign Current after updating to All Currencies?
In this case we have both Local and System currency set to the same local currency in Company Details and the Default set to All Currencies.
The user unfortunately updated three GL bank accounts from specific foreign (two USD and one EURO) to All Currencies. SAP manuals indicate that you can update from a specific foreign currency to All Currencies but not back again.
A single transaction was posted to the one previous USD account since the update but the other two accounts have not been posted to since the update to All Currencies.
The problem now is that the system will no longer display or keep the foreign curency balances for the three accounts even tough one can still process journals in foreign currency to those accounts.
We appreciate your comments and suggestions.
Best wishes
Dana
Hi Dana,
Unfortunately the answer is NO. Once you switched the account to all currency, it can no long go back. This is a one way street.
Thanks,
Gordon
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Good day Gordon / TVSon
Thank you for the confirmation - not good news but understandable that SBO behaves in this way.
TVSon suggested creating a new account - do you know how best to transfer balances to new accounts to keep history as it was before updates? It looks to me as if the actual Specific Currency historic transactions are kept on file and should show as such once transferred to new accounts set with desired Specific account currency.
Your comments are valued.
Best wishes
Dana
Hi,
Create new account with right properties and transfer balance account from old account to the new one. Then set inactive for the old.
Hope this helps.
TVSon
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
91 | |
8 | |
7 | |
4 | |
4 | |
3 | |
3 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.