Multicurrency Posting and Reporting in a US-Based Company in GP

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Posted on by Community Member Microsoft Employee

Hello:

We have twenty-one companies, in GP. Most are US-based, but several are international.

We are going to be importing sales transactions into our US-based company as US Dollars and would like for GP to convert these amounts into British Pounds when these amounts "land" in this GP company as Sales Order Processing batches.

Subsequently, we'll want to post these sales batches in Pounds and have any reporting on these transactions in Pounds.

I believe that this is possible, based on our Multicurrency environment in GP. But, I want to check. Indeed, is it possible to process international currencies in US-based companies in GP and have the amounts posted in currencies other than US Dollars including for reporting purposes?

Thank you!

John

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