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Conversion Rate & Rate Type Visibility for Secondary Ledger — Cloud Customer Connect
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Conversion Rate & Rate Type Visibility for Secondary Ledger

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edited Aug 25, 2020 6:56AM in General Ledger & Intercompany 1 comment

Summary

Conversion Rate & Rate Type are currently not captured for journals copied to the Secondary Ledger

Content

We have two Ledgers with different functional currencies: Primary Ledger in USD, Secondary Ledger in KHR currency. The conversion level for secondary ledger is "Subledger level", "Default Rate Type" as "Central Bank Rates" & "Retain Transaction Type" flag has been set to "Yes" (even tested with flag "No", but same output).
A Foreign currency transaction (Say in THB currency) gets converted to USD in Primary Ledger and KHR in secondary Ledger. But in Sec Ledger, we're unable to see the Conversion Rate used. It just shows "Rate Type: User" and Rate as "1" (PFA Screenshots) Ideally it should show "Central Bank Rates" in rate type and the actual daily rate in "Rate" column instead of just displaying "1" for all journals in sec ledger.

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