Purpose: The purpose of these initial exercises is for the instructor to demonstrate the basic functionality in Currency Balance Accounting, which entails:
Enter a Voucher and Update to the General Ledger
Queries in General Ledger
| IMPORTANT |
| These initial exercises are intended for instructor use. |
Purpose: The purpose of this exercise is to show you how to enter manual voucher rows when a currency balance account and transaction currencies not the same as the accounting currency are being used.
Windows:
Voucher Entry
Update GL Vouchers
GL Update History
Steps: To complete this exercise, perform the following steps.
Enter a manual voucher in Voucher Entry including an amount in a foreign currency, e.g., DEM.
Enter another voucher including an amount in the same foreign currency. Change the rate in the Currency Rate field.
Open the Update GL Vouchers window. Alternatively, open the Voucher Entry window, right-click, and then click Instant Update General Ledger.
Click OK to start the updating routine.
Once the updating routine is complete, open the GL Update History window. Verify that the updating routine has been completed for all vouchers.
Purpose: The purpose of this exercise is to show you how to view balances in queries and reports in both the accounting currency and foreign currencies.
Windows:
GL Balance Analysis
Voucher Details Analysis
Open the GL Balance Analysis window, and find information on the currency balance accounting. For example, query for the year, period, and code part used for currency balance accounting. Also, specify a code part value such as DEM. The balance is displayed in both accounting currency and the selected code part value.
Open the GL Voucher Details Analysis window. Find the vouchers. Note that the value in the Currency Accounting field is Yes for the account used for currency balance accounting.