Currency

Select the Currency tab.

Domestic Currency

Enter the code that identifies the base currency of the company. After you assign a currency code to a company and enter transactions, do not change the currency code. Changing the currency code affects the integrity of the data.

Post Account Balances by Currency

Select this check box to post account balances by currency.

The Confirmation - AAI Setup form appears if you have not set up the required account ranges for AAI item PBCxx for the company or for default company 00000. If this form appears, click Yes to display the Set Up Multiple AAI Items form and add the ranges for PBCxx. Then click OK to return to the Company Setup form.

If you click No and do not set up the required AAI item ranges, be aware that the general ledger post program posts journal entries for the company as summarized balances with mixed currencies instead of detailed balances by currency. The post program sends a warning to the work center that the balances were not posted by currency because AAI item PBC was not found.