is it possible to have different currencies for gl accounts
under one chart of accounts ? if yes what is the significance?
Answers were Sorted based on User's Feedback
Answer / sridhar
Yes, we can maintain a G/L Account with multiple currencies
if (Maintain G/L Account in local currency) is not checked.
We can transact with foreign vendors with same single g/l
instead of using different G/L's for different currency
transactions.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / somu surannavar
Yes, we can maintain a G/L Account with multiple currencies
if (Maintain G/L Account in local currency) is not checked.
We can transact with foreign vendors with same single g/l
instead of using different G/L's for different currency
transactions.
Hope its helpful ...
Thanks in advance
| Is This Answer Correct ? | 1 Yes | 0 No |
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