GL: Why are some account types allowed to be created in different currency but some cannot?: Difference between revisions
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(Created page with "'''Question:''' Why are some account types allowed to be created in different currency but some cannot? '''Version:''' 1.9 / 2.0 File:Diff currency1.png File:Diff currency2.png <u><b>Answer:</b></u> 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 u...") |
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Latest revision as of 06:31, 28 February 2023
Question: Why are some account types allowed to be created in different currency but some cannot?
Version: 1.9 / 2.0
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.
2) You can check the reporting category for each account type.
By: Cit Ta 230202, Lay Swan 230216, P230222
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