We have a company set up in GP where the functional currency is Canadian dollars. Our Finance department would like to change the functional currency to US at the end of the month. How do we go about doing this?
At the same time we want to stop transacting in all other currencies as well.
Any suggestions?
Thanks,
Jenn
*This post is locked for comments
Hi Jenn,
As Tim mentioned, the functional currency cannot be changed once you have used it. The only option available would be to create a new company and bring in beginning balances to the new company. No small undertaking to be certain.
Regards,
Ken Hubbard
Microsoft Dynamics Support
The short answer: You don't.
After selecting a functional currency and transacting with it, it's permanent.
Tim
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,269
Super User 2024 Season 2
#2
Martin Dráb
230,198
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (