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Bank feeds - Import transactions from a currency different to Base Currency

  • November 20, 2024
  • 1 reply
  • 46 views
Varsity I
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Hi Team,

Any thoughts on how Acumatica handles the scenario for Importing transactions for Bank Feeds when the transaction currency is different from Cash Account currency.

 

 

 

Best answer by SvetlanaKirina79

Acumatica does not do any conversion with received amount, it suppose that bank will send you transaction amounts in cash account’s currency. User need to map bank account with system’s cash account (on Cash accounts tab of Bank Feeds (CA205500)) that denominated in the same currency.

1 reply

S
Acumatica Employee
  • SvetlanaKirina79
  • Acumatica Employee
  • Answer
  • November 21, 2024

Acumatica does not do any conversion with received amount, it suppose that bank will send you transaction amounts in cash account’s currency. User need to map bank account with system’s cash account (on Cash accounts tab of Bank Feeds (CA205500)) that denominated in the same currency.

Laura03
Chris Hackett
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