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Reporting currency setup level level

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edited Apr 20, 2021 12:53AM in General Ledger & Intercompany 3 comments

Summary

Reporting currency setup level level and usage

Content

A US company has a branch in India. Currently, what we are doing is we are just taking the multi currencies and converting them straight to USD.

The India branch has invoices in multi currencies and we want them convert it to INR for reporting purposes. so my question here is

If we enable a reporting currency at journal level, will it convert Primary ledger currency(USD) to reporting currency(INR) or Multi currency to reporting currency(INR)

or should i use Subledger level setup?

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