We'd love to hear from you! Provide  feedback  to earn a badge today. Take our quick survey
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Journal Approval: Rule based on non-functional currency

Accepted answer
28
Views
7
Comments
edited Jan 30, 2019 4:30PM in General Ledger & Intercompany 7 comments

Summary

Cloud Financials BPM Workflow using non-functional currency

Content

Team,

We have a requirement where we would have multiple ledgers with different functional currency. But we need to have a rule as such all journals amount equivalent to (USD 100,000 OR less should be auto approved.

example: 
Journal 1 Country India (INR Currency) amount = 65,000 INR ( USd equivalent = 1,000 USD)
Journal 2 Country Canada (CAD Currency) amount = 10,300 CAD (USD Equivalent = 10,000 USD)

Now these two Journals should undergo Approval, but because amount is < USD equivalent, hence it should be autoapproved.

Thanks,
Animesh

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!