GL: Why are some account types allowed to be created in different currency but some cannot?

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Question: Why are some account types allowed to be created in different currency but some cannot?

Version: 1.9 / 2.0

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Answer:

Accounts of Profit & Loss are not allowed to be created in different currency, accounts of Balance Sheet are allowed to be created in different currency except Stock accounts, and Debtor/Creditor Control accounts.


1) To check/determine an account type falls under Profit & Loss or Balance Sheet, go to General Maintenance > Account Type Maintenance.

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2) You can check the reporting category for each account type.

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By: Cit Ta 230202, Lay Swan 230216, P230222


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