Standard Currency System Settings by Ledger Account (tfgld0128m000)

	Standard Currency System Settings by Ledger Account (tfgld0128m000) Use this session to view or maintain specific standard currency system settings by ledger account. In this session, you cannot manually update the exchange rate-related fields for the following account types: Control accounts Settings for control accounts are controlled by the settings in the Standard Currency System Settings by Financial BP Group (tfacp0113m000) session. Tax-related accounts Settings for tax-related accounts are controlled by the settings in the Standard Currency System Settings by Tax Origin (tfgld0127m000) session. The currency analysis-related fields remain available for business partner group-related and tax-related accounts. Note You can only change the settings in this session if no non-finalized transactions exist for the ledger account. Related topics Currency systems Ledger Account A register used to record financial transactions and to accumulate the values of the transactions for reporting and analysis. The ledger accounts classify the transactions into categories such as revenues, expenses, assets, and liabilities. Currency Analysis for Local Currency Allowed values Not Required Required Required, Calculate Currency Diff. Currency Analysis for Reporting 1 Allowed values Not Required Required Required, Calculate Currency Diff. Rate Determination Method Reporting 1 Specify one of the following: Adopt Transaction's Exchange Rate Type Own Exchange Rate Type Company's Default Note If a business partner group is deleted and its accounts are not shared by other business partner groups, this field will be set to Company's Default. This field is only available in case of a standard currency system. Exchange Rate Type Reporting 1 A way to group currency exchange rates. You can assign different currency exchange rates to different invoice-to business partners and/or to different types of transactions (purchase, sales, and so on). Note This field is mandatory if Rate Determination Method Reporting 1 is set to Own Exchange Rate Type. Otherwise, this field must remain empty. If no exchange rate type is entered, the company's default defined in the Companies (tcemm1170m000) session will be used. Related topics Using currency exchange rate types Currency Analysis for Reporting 2 Allowed values Not Required Required Required, Calculate Currency Diff. Rate Determination Method Reporting 2 Specify one of the following: Adopt Transaction's Exchange Rate Type Own Exchange Rate Type Company's Default Note If a business partner group is deleted and its accounts are not shared by other business partner groups, this field will be set to Company's Default. This field is only available in case of a standard currency system. Exchange Rate Type Reporting 2 A way to group currency exchange rates. You can assign different currency exchange rates to different invoice-to business partners and/or to different types of transactions (purchase, sales, and so on). Note This field is mandatory if Rate Determination Method Reporting 1 is set to Own Exchange Rate Type. Otherwise, this field must remain empty. If no exchange rate type is entered, the company's default defined in the Companies (tcemm1170m000) session will be used. Related topics Using currency exchange rate types Initialize Ledger Accounts Generates the required ledger accounts.