Option: Defining report currency journal entries

Note: These journal entries do not include base and transaction amounts and units. When you change the report currency amount, base and transaction amounts and units do not change.

You can override or define journal entries for report currencies only. For example, you can create a report currency only journal entry to correct report currency amounts in a closed accounting period due to exchange rate fluctuations. If you modify the exchange rate, you must clear the report currency amount. If you use triangulation, report currency overrides follow triangulation parameters.

  1. If you posted the journal entry, you must reverse it before you can override or define report currency only journal entries.
  2. After inquiring on the journal entry you want to correct, click the Rpt Curr Entry button to open the Report Currency Entry subform. Use this subform to maintain report currency amounts.