Re: Single to multi-currency conversion
Hudson McVay <[email protected]> Mon, 19 Sep 2011 13:28:00 -0400
| Newsgroups | gmane.comp.systems.as400.jbausers |
|---|---|
| Organization | Stanley Steemer International, Inc. |
| Message-ID | <[email protected]> |
Thanks, that makes sense after looking at the company profiles. Having different supplier and customer accounts for each currency should be a given, but will keep that in mind during setup. -----Original Message----- From: system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected] [mailto:system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]] On Behalf Of Simon Sherwood Sent: Monday, September 19, 2011 11:54 AM To: 'System 21 Users' Subject: Re: [SYSTEM21] Single to multi-currency conversion Hi Hudson I would normally recommend having different supplier and customer accounts for each currency, as in my experience, this minimises simple mistakes and prevents transactions in the wrong currency. If this is the case, having multiple currencies in one company is quite straightforward and does not affect what you already have (apart from reports). This can be for AR and AP, as I presume your CS is already multi currency. Why would you want the GL to be in other than your base currency? Hope this helps Simon -----Original Message----- From: system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected] [mailto:system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]] On Behalf Of Hudson McVay Sent: 19 September 2011 16:30 To: 'System 21 Users' Subject: Re: [SYSTEM21] Single to multi-currency conversion Just started talking about it, not sure exact requirements but would need to be all modules GL,AP,AR,OE,AO etc. Trying to get an idea of what makes more sense. Convert current company to multi or use a second company just for the multi and interface just the gl's. Hudson -----Original Message----- From: system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected] [mailto:system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]] On Behalf Of Simon Sherwood Sent: Monday, September 19, 2011 11:00 AM To: 'System 21 Users' Subject: Re: [SYSTEM21] Single to multi-currency conversion Hi Hudson There is no easy way, because it depends on which modules you need to be multi currency. Within each module is a multi currency switch and then you set up the currencies in the GL and it works!!!!! However, it has different effects in each ledger and you need to understand about realised and unrealised gains/losses. What are you exact requirements?# Regards Simon -----Original Message----- From: system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected] [mailto:system21-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]] On Behalf Of Hudson McVay Sent: 19 September 2011 15:51 To: 'system21-Zwy7GipZuJhWk0Htik3J/[email protected]' Subject: [SYSTEM21] Single to multi-currency conversion We are looking to convert to multi-currency from single currency. Does anyone from any info or docs on how to accomplish this. We can do multi-company if need be, and we are on 2.2. Thanks. Hudson McVay _______________________________________________ This is the System 21 Users (SYSTEM21) mailing list To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected] To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/system21 or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected] Before posting, please take a moment to review the archives at http://archive.midrange.com/system21. ----- No virus found in this message. Checked by AVG - www.avg.com Version: 10.0.1410 / Virus Database: 1520/3906 - Release Date: 09/19/11 ----- No virus found in this message. Checked by AVG - www.avg.com Version: 10.0.1410 / Virus Database: 1520/3906 - Release Date: 09/19/11 _______________________________________________ This is the System 21 Users (SYSTEM21) mailing list To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected] To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/system21 or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected] Before posting, please take a moment to review the archives at http://archive.midrange.com/system21. _______________________________________________ This is the System 21 Users (SYSTEM21) mailing list To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected] To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/system21 or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected] Before posting, please take a moment to review the archives at http://archive.midrange.com/system21. ----- No virus found in this message. Checked by AVG - www.avg.com Version: 10.0.1410 / Virus Database: 1520/3906 - Release Date: 09/19/11 ----- No virus found in this message. Checked by AVG - www.avg.com Version: 10.0.1410 / Virus Database: 1520/3906 - Release Date: 09/19/11 _______________________________________________ This is the System 21 Users (SYSTEM21) mailing list To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected] To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/system21 or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected] Before posting, please take a moment to review the archives at http://archive.midrange.com/system21. _______________________________________________ This is the System 21 Users (SYSTEM21) mailing list To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected] To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/system21 or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected] Before posting, please take a moment to review the archives at http://archive.midrange.com/system21.