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Prevent selection of LCY code as currency code in transaction

Mukil Balu on 9/29/2023 7:25:19 AM

Issue:

  1. LCY code in General ledger setup is currently a type in code field.
  2. Even if transaction is in local currency, LCY code could be selected in Currency code in transaction page.


Consequence:

  1. When the transactions are analysed, the transaction having blank (means local currency transaction) currency code and transaction having LCY code in currency code are treated as transactions in different currencies.


Solution:

  1. LCY code in General ledger setup should be selection of code from currencies table and not type in field.
  2. If LCY code is selected in Currency code in transaction page, then system should give error that LCY code cannot be selected as currency code.
Category: Financial Management
STATUS DETAILS
Needs Votes
Ideas Administrator

Business Central Team (administrator)

Thank you for this suggestion! Currently this is not on our roadmap. We are tracking this idea and if it gathers more votes and comments we will consider it in the future. Best regards, Business Central Team

Comments

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RE: Prevent selection of LCY code as currency code in transaction

Quentin TURBAN on 6/21/2024 1:42:30 AM

This is not user friendly indeed to leave the currency code blank for local currency transactions.It is a very regular request to get the currency code displayed no matter if it's local currency or foreign. Especially for companies working in multiple currencies across different companies, the fact to leave the currency code blank can be confusing for reporting/BI purposes.

Category: Financial Management