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Answered

Change LCY from USD to INR General Ledger Setup

Posted on by Microsoft Employee

Hello - i've created a new entity, however, the LCY is showing as USD. I would like to change to INR since the GL transaction will be INR. 

How can i update this? Thank you

  • Samantha73 Profile Picture
    Samantha73 2,418 on at
    RE: Change LCY from USD to INR General Ledger Setup

    I'd check the currency page as your local currency to ensure cross rates are defined correctly and the "new FC is there"

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Change LCY from USD to INR General Ledger Setup

    thank you

  • Suggested answer
    JAngle Profile Picture
    JAngle 33,159 on at
    RE: Change LCY from USD to INR General Ledger Setup

    If it’s a brand new company with no financial data posted then yes it is that simple

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Change LCY from USD to INR General Ledger Setup

    Hi - is there any additional steps to be taken? Do i manually just change the LCY USD to INR?

    I just want to make i'm not missing anything. If the above is the process, then that is a simple step. thanks

  • Suggested answer
    JAngle Profile Picture
    JAngle 33,159 on at
    RE: Change LCY from USD to INR General Ledger Setup

    Go to the general ledger setup page. LCY related fields are available there

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