Does Multi-Funded Contracts accommodate multiple currencies?
Answer: Yes. Grants and non-grant funding (internal funding) award amounts are entered in the grant or local currency. Multi-Funded Contracts (amounts) are established in the contract currency. The Multi-Funded Contract (ACCNTRACT file) stores contract amounts in contract and fund currency. Multi-Funded Contracts (GM20) and Contract Adjustments and Transfers (GM40) are entered in the contract currency. If grant or funding currency is desired as input or display on these forms, use Lawson Design Studio or Infor Smart Office to modify the form definitions for these forms.