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How to create a Single Bank account with multiple currencies ??

Discussion in 'Oracle Financials' started by arun, May 13, 2015.

  1. arun

    arun Active Member

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    Hello everyone,

    Client wants to have multiple currencies to a single Bank account... Is that possible to create multiple currencies under a single account or we should create separate account for each currencies ... Any suggestions on this... Any help will be appreciated

    Thanks in advance
    Regards,
    Arun
     
  2. umamaheshjv

    umamaheshjv Active Member

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    Hi Arun,

    There is a check box called 'Allow multiple currency', try that.


    Regards
    Mahesh
     
  3. psravan

    psravan Active Member

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    Arun,

    Enable Allow Multiple Currency. What Mahesh is saying that is correct.

    Thanks,
    Sravan P
     
  4. erp.narendrag

    erp.narendrag Forum Expert

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    Hi Arun,

    By Using "Allow multiple currency" option u can achieve this.
    but u can select this "Allow multiple currency" for only ur base currency.

    Ex: if you using INR, For All INR accounts, you can enable this option.

    But if ur trying to create account in USD, systme will not allow to enable this option.

    Regards,
    Narendra