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Translate certain GL's (GLs related to intercompany) forex difference to another forex GL or subaccount

  • March 8, 2024
  • 1 reply
  • 35 views
C
Freshman I

Hi,

I’m trying to translate GLs related to intercompany transaction and post the foreign currency difference in another unrealised forex GL eg. GL1234 while the rest of the GL’s forex differences goes to the default unrealised forex GL 6789. They are the same currency conversion eg. from USD to CAD.

Or the intercompany foreign currency can be posted to the same GL6789 but different subaccount to differentiate them.

Can anyone advise how to set this up?

Best answer by aaghaei

As long as the right Company/Branch is selected, the corresponding company financials will reflect the result. Can you please advise why a different GL Account/Subaccount is required at all?

1 reply

aaghaei
Captain II
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  • aaghaei
  • Captain II
  • Answer
  • July 21, 2024

As long as the right Company/Branch is selected, the corresponding company financials will reflect the result. Can you please advise why a different GL Account/Subaccount is required at all?

Reza Aghaei CPA, M. Acc. & Acumatica Customization - If a member helped you, please *Like* their post. If a member provided an answer to your question, please mark it as *Best Answer*.
Chris Hackett
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