General

  1. Specify this information:
    Final Value Calculation

    This is set to override the Exclude Final Value from Calculation setting in Ledger Setup (LES).

    Reporting Conversion Control

    Select the currency control option to be used for postings to assets of this class in the reporting currency. Three options are available:

    • Ledger Default

      Use the Value 3 Currency Post Rule option in Business Unit Setup to determine whether or not reporting currency values are required on transactions posted to assets of this class.

    • Mandatory

      Make the reporting currency value mandatory on transactions posted to assets of this class.

    • Prohibited

      Prevent a reporting currency value being entered on transactions posted to assets of this class.

    Note: If the Value 3 Currency Type in Business Unit Setup is set to Second Base Currency, then Value 3 must always be present.
  2. Save your changes.
Parent topic: Setting Up Asset Classes