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Small and medium business | Business Central, N...
Suggested answer

Amount fields

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Posted on by 20

Do nominals pick up the value under field amount or the value under amount lcy?

Or is it required that both fields are filled in when uploading bulk uploads?

  • Suggested answer
    Jeffrey Bulanadi Profile Picture
    644 on at
    RE: Amount fields

    Hi Agri,

     

    You can just fill in the amount field and amount lcy will be automatically validated. Defining a currency code as well will calculate the amount lcy based on the exchange rate of your local currency against currency code.

     

    If you find this useful please give it a like or verify the answer. By this way you can help other members know that the topic has been answered. Have a nice day. Thank you.

     

    Cheers,

  • Suggested answer
    Inge M. Bruvik Profile Picture
    1,021 Moderator on at
    RE: Amount fields

    Hi AGRI

    When you import transactions into a general journal you will normally only use the amount field and run validate on that filed. The validate will populate the amount LCY field.

    But if you import transactions in a foreign currency and you are provided with both the amount in currency and the amount in LCY, then you will have to use  the currency code field, the amount field with the currency amount and the LCY amount field. And make sure to validate them in that order.

    Hope this helps you further.

  • Suggested answer
    JAngle Profile Picture
    83 on at
    RE: Amount fields

    LCY. All general ledger entries (nominal values) are in local currency. You can have a reporting currency to show another but it is for a single currency like Euros. The original currency value is not shown on the general ledger entries as standard.

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