In the trial balance and in the voucher transactions forms balances from multiple currencies can be presented:
Transaction Currency
Accounting Currency
Reporting Currency
In the voucher transactions form the Transaction Currency abbreviation is mentioned for each transaction in the column 'Currency', but the abbreviations of the Accounting Currency and Reporting Currency are not visible. You need to find these at the Ledger setup. Not all users have access to this option (or it costs time to find these) and when you work in many legal entities with different currencies you can make mistakes in the interpretation of these columns.
I think it would be an improvement to present the symbol or the abbreviation in the Accounting Currency and Reporting Currency column headers in at least:
The trial balance form columns: Opening balance, debit, credit, Closing balance (including the Reporting currency balance columns when the accounting currency and reporting currency are different)
The voucher transactions form columns: Amount, Amount in reporting currency
Example:
Trial balance column header names in a legal entity using Accounting Currency EUR and Reporting Currency USD:
Opening balance (EUR), Debit (EUR), credit (EUR), Closing balance (EUR), Opening balance – Reporting currency (USD), Debit – Reporting currency (USD), Credit – Reporting currency (USD), Ending balance – Reporting currency (USD).
Comments
Good Work Heike, always like your training documents.
Category: General Ledger
Great observation, Hylke! It is a must implement idea! Small details like currency abbreviations can have a big impact on user experience, especially in a global context. It’s impressive how such tweaks can enhance clarity and usability.
Category: General Ledger
Great idea !!
Category: General Ledger
Great idea💡
Category: General Ledger
Great idea!
Category: General Ledger
Bonne idée. Point de paramétrage obligatoire afin de ne pas surcharger les écrans quand devise unique.
Category: General Ledger
Has simple as this is, it will go a long way for muti currency organizations.
Category: General Ledger
This small change will provide with requirements clarity not only to users, but also to developers at customization time.
Category: General Ledger
Very useful, a small tweak but very helpful for the users dealing with multi currency LEs.
Category: General Ledger
It's a great idea! let's hope they can add it soon!
Category: General Ledger