Hi, I have active currencies (other than the base currency) in a system that are not ticked to “use for accounting”. They cannot therefore be used in Customers or suppliers. The currency record option is not greyed out, but it will not allow the option to be ticked (no error just won’t hold the tick). The currencies have not been used and even if I create a new currency record the option use for accounting option cannot be turned on. Have I missed something?
Solved
Currency Use for Accounting cannot be enabled.
Best answer by sangland
Thanks Megan and others. There are non-mandatory fields on the base currency record, specifically rounding, that are nevertheless required on other currencies if you try to make them use for accounting as the base currency is the default for other currencies. Populating rounding accounts on the base currency worked. It’s a bug in my view.
+19Hello,
You don’t mention checking the Help, so I’ll start by showing related Help. We have two choices, behavior of Use for Accounting when Multiple Base Currencies feature is On or Off:
It seems like Multiple Base Currencies needs to be Enabled, to select ON Use for Accounting. Does your tenant have Multiple Base Currencies activated in Enable/Disable features?
Best regards,
Laura
Laura ~ Klear Systems, Inc. Irvine, CA. ~ Click my logo to Follow me ~
+15
Dermot Comerford
1 person likes this
+12Have you enabled multicurrency accounting on the Enable/Disable screen?
Have you populated all the mandatory fields on the Currency Management screen?
Have you populated all the mandatory fields on the Currencies screen?
Megan Friesen, Contego Software Solutions, Canada
Thanks Megan and others. There are non-mandatory fields on the base currency record, specifically rounding, that are nevertheless required on other currencies if you try to make them use for accounting as the base currency is the default for other currencies. Populating rounding accounts on the base currency worked. It’s a bug in my view.
Regards Simon
+19Yes, Agreed! If the field is dependent on other fields being populated first - Help or a clear system message should appear to instruct us.
Thanks for posting the answer.
Laura
Laura ~ Klear Systems, Inc. Irvine, CA. ~ Click my logo to Follow me ~
1 person likes this
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