currency issue GL

[farhatmfc]

actully my client migrated to the oracle in jan 2006 and one account that is in barcalays should be in USD but the opening balance in this account is in Mauritius rupee how to convert that account balance in that particualr period into USD please explain the process.

Thanks in advance

[AmanKhan]

HI farhat,

If u are asking to convert balance at journal entry level then you can manually enter User type rate of 2006 and then post the entry it will update your account balance. For this you should enable Mauritius rupee and USD as functional and foreign currency.

thanks,

Aman

[farhatmfc]

Hi Aman
It is the opening balance of Jan 2006. Because Finacial Year in Mauritius Starts In Jan,Please advise.

thanks For reply

[farhatmfc]

Hi Aman

it is the balance in of the bank accounts. that has to be in different currency.(USD)

[farhatmfc]

Hi Aman,

Thanks for reply, yes it is the One of the bank Account In COA and is in USD and as per process in this account the Opening Balance should be in USD only but by mistake they have entered it into Mauritius Rupee and now want to convert this particlar Opening balance of Jan 2006 in USD,

Please Advise how to resolve it.

Thanks and Regards

Farhat