CTA Account

On the Multi-Financial Sets of Books form, select the CTA account you set up for the multi-FSB chart of accounts. This field is used when the currency is not domestic.

When you perform financial consolidation or post ledger transactions, the system uses the account you specify in this field to calculate and create an adjusting line entry for changes in currency exchange rates.

Note: Any account you enter in this field must first be set up as an Owner's Equity account on the Multi-FSB Chart of Accounts form.