is it possible to have different currencies for gl accounts
under one chart of accounts ? if yes what is the significance?

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is it possible to have different currencies for gl accounts under one chart of accounts ? if yes wh..

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

is it possible to have different currencies for gl accounts under one chart of accounts ? if yes wh..

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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