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Finance | Project Operations, Human Resources, ...
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Can you have 2 different companies that don't share a currency in the same instance in GP

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Posted on by 193

I have a client that needs a new company setup, copied from and existing company with a different currency.  The new company will be functional and reporting in a different currency than the existing company.   Can they co-exist in the same instance?  I know I will need to update the currency after copying. 

What if down the road the client decides they want a consolidate financial report.   Is there something i need to do to make this easier if that happens?

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  • Verified answer
    Mick Egan Profile Picture
    3,561 on at
    RE: Can you have 2 different companies that don't share a currency in the same instance in GP

    Brenda,

    You can have Multiple Compnaies setup with different Currencies on the same insatance.

    Assuming that GP is not a real old version, then you can consolidate the Managment Reporter Companies with different Companies.

    Please refer to this link for a better explanation.

    https://www.boyerassoc.com/wp-content/uploads/2014/05/Consolidated-Currency-Translation-with-MR.pdf

    Regards,

    Mick

  • Microsoft Dynamics GP forum Profile Picture
    193 on at
    RE: Can you have 2 different companies that don't share a currency in the same instance in GP

    thank you

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