Choosing the Allocations Balancing Currency

In a multi-currency environment, when you save or post allocations, you must choose the balancing currency to be used to balance the allocations. The matched transactions must balance in the currency you select to post by or save by.

If you are using Account Allocations (ACA), use the appropriate Post action:

  • Post By Base - post the allocations balancing by the base currency. Using this option, any currency exchange differences are calculated on the transaction currency amount, and on the Value 4 amount if you are using fourth currency.
  • Post By Transaction - post the allocations balancing by the transaction currency. Using this option, any currency exchange differences are calculated on the base amount, and on the Value 4 amount if you are using fourth currency.
  • Post By Fourth Currency - post the allocations balancing by the fourth currency. Using this option, any currency exchange differences are calculated on the base amount and on the transaction currency amount.

If you are using Online Allocation to match transactions during Ledger Entry (LEN), use the appropriate Save action. The allocations and generated transactions are posted when the journal itself is posted. See 'Allocating Transactions During Ledger Entry'. The following Save actions are possible:

  • Save By Base - save the allocations balancing by the base currency. Using this option, any currency exchange differences are calculated on the transaction currency amount, and on the Value 4 amount if you are using fourth currency.
  • Save By Transaction - save the allocations balancing by the transaction currency. Using this option, any currency exchange differences are calculated on the base amount, and on the Value 4 amount if you are using fourth currency.
  • Save By Fourth Currency - save the allocations balancing by the fourth currency. Using this option, any currency exchange differences are calculated on the base amount and on the transaction currency amount.