Configuring Multicurrency Bank Accounts in PeopleSoft

Hello,

We are exploring the possibility of configuring a Multicurrency Bank Account in PeopleSoft. The requirement involves setting up a primary bank account with multiple currency-specific sub-ledger accounts. Payments would be received in various currencies and booked to the corresponding sub-ledgers under the main account.

We would greatly appreciate your insights on whether PeopleSoft can support the following functionalities:

1. Accurately post and apply customer receipts in their original transaction currencies.
2. Maintain currency-specific balances under the same bank account.
3. Facilitate bank reconciliation at the individual sub-ledger (currency) level.
4. Provide comprehensive reporting and visibility for multicurrency transactions.

Thank you in advance for your guidance and support.