Define Currency Balance Account

Explanation

Use this activity to define an existing account to be used for currency balance accounting.

Prerequisites

Before an existing account to be used for currency balance accounting can be defined, the following must have been completed:

• The account must have been entered in Account in IFS/Accounting Rules.

System Effects

As a result of this activity, the account can be used for currency balance accounting.

Window

Account

Related Window Descriptions

Account

Procedure

Use the following procedure to define an existing account for currency balance accounting:

1. Open Account.
2. Find the existing account that you want to use for currency balance accounting.
3. Mark the Currency Balance box.
4. Save the information.