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Trial Balance upload with denominated accounts

  • 29 May 2021
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I am trying to upload a TB. My base currency is LKR. However I also have two cash accounts on USD and GBP. In the upload, I specify the correct currency amounts and load the TB. I am able to release it as well. However the GL batch that gets created does not balance. Its based currency is LKR, but the two entries for the denominated accounts, it shows the foreign currency values, not the relevant LKR (Base) value. Is this a bug or am I missing something here?

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Best answer by Olga Anisimovich 31 May 2021, 08:16

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Olga Anisimovich
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@uma47 

Indeed, when the system shows the foreign currency values for a transaction generated by TB import, you may notice that the debit total does not equal to the credit total if you uploaded balances of the accounts denominated to a foreign currency. Switch to the base currency view by clicking the View Base button to see the batch totals in the base currency. If they are equal, then your batch is in balance and you can release it.

Olga Anisimovich
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@Olga Anisimovich thanks. Managed to release it without any issue.

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