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NSC | Using Budget Categories in One World

edited Aug 30, 2022 6:57AM in Accounting / ERP

When creating budgets for subsidiaries. you can use the currency of either the parent or child subsidiaries.

To make sure that you are able to use the intended currency, here's a few guidelines you can take note of:

  • If you want to use the currency of the parent company, make sure that global checkbox has a tick mark on when on the budget category that will be selected

In here as you can see, the currency of the Parent Subsidiary was used because of the budget category that was selected.

  • If you want to use the currency of the subsidiary that you have selected, create a budget category where the Global Checkbox has no tick mark on.

Refer a Member | Answer Accepter

Micah Timbol | Basic and Advanced Accounting Guru

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