Dual currency

The reporting currency will be repurposed into a true second accounting currency. From a general ledger perspective, the reporting currency will continue to be calculated for every transaction posted to a general ledger.  Some general ledger processes will be enhanced, and a new journal will be added to post transactions in only the reporting currency. For various subledgers, such as fixed assets, there will be larger changes. For fixed assets, we will start to maintain all transactions in the subledger for the reporting currency. When running depreciation, it will depreciate the reporting currency amounts using the depreciation methods, just as it does the accounting currency. Other subledger modules impacted will be Accounts payable, Accounts receivable, and Cash management.

For more information, see Dual currency.