Setting Up Multicurrency Ledger Types

When you work with multiple currencies, the system uses ledger types AA (actual amounts) and CA (foreign currency amounts) and, optionally, these restatement ledger types:

• XA: detailed currency restatement

• YA: detailed currency restatement

• ZA: detailed currency restatement

• AC: balance restatement

• AD: as if restatement

Review UDC table 09/LT to ensure that these ledger types are set up. Then determine whether your organization has to maintain any other ledgers. If so, add the ledger type to UDC table 09/LT. Then use the Ledger Type Rules Setup form to define the financial rules for the ledger type and, if applicable, assign a currency code.