RE: Multi Currencies in one Journal Entry

Is it possible to prepare journal entries and assign a currency to each line level instead of the main line?

For example, dealing with both USD and CAD, we’d like to enter lines for both USD currency and CAD currency within one Journal entry.

Dconsta3 Rookie Asked on March 2, 2021 in Accounting.
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3 Answers

you cannot have a transaction – SO, PO, JE etc with multi currency – system was designed this way. One option is to use scripting to convert one of the currency to other – in essence you are have a single currency transactions.

Note – expense report is the only transaction that allows multi currency, but essentially it is converted to the base currency of the subsidiary.

Advanced Answered on March 2, 2021.
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