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
It's a great idea! let's hope they can add it soon!
Category: General Ledger
Absolutely. This was a special build we had to do in order to get daily currency trial balances.
should be a standard oob offering
Category: General Ledger
I have voted for this, however if this gets up it would be good to be able to enable via a parameter. The transaction forms are busy" enough as it is, and not every customer needs this.
Category: General Ledger
Good Idea!
Category: General Ledger
Great idea!
Category: General Ledger
Check this other "https://experience.dynamics.com/ideas/idea/?ideaid=d5d3ee9c-ef69-ea11-b698-0003ff6889ac" as it seems the same as yours.
Category: General Ledger
The feature will be useful for multi currency companies
Category: General Ledger