Hi,
I'm trying to determine where the currency on an expense report defaults from? I've tested the Supplier account however that's not it, not sure if it is from the Ledger currency.I can see the VAT group comes from the Supplier account and the Item VAT group comes from the Expense category, however I cannot link the currency.
Hello Pav Kaur,
Question of currencies on Expense report is a complex one. It depends how the expense line is created, but also about what currency you are talking about. The table below shows all different combinations.
Credit card currency - in which currency the credit card is managed
Credit card transaction currency - in which currency employee paid the transaction
Credit card currency
Credit card transaction currency / Local currency
Company currency /Accounting currency
Expenses card / expenses form
Itemizations
Distributions
Voucher transactions
Vendor transactions
USD
BRL
Debit BRL Credit BRL
NA (Manual expense)
Debit: BRL Credit BRL
CHF
Debit: CHF Credit: CHF
Debit: USD Credit: USD
EUR
CZK
HUF
Debit: CZK Credit: CZK
You see that when expense is manually created, then voucher is posted in transaction currency, but Vendor transaction is in accounting currency.
And for credit card transactions - the system posts voucher in also in transaction currency, but Vendor transaction is in Credit card currency.
Hope this helps. There is IDEAS thread about possibility to post expense with different currency: Ability to Post expense liability in currency different than master company currency
Please mark the answer as verified to close the thread.
Thank you!
Hi Pav Kaur,
The currency seems to be defaulted from Ledger > Accounting currency. Navigation : General Ledger > Ledger setup > Ledger.
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
As AI tools become more common, we’re introducing a Responsible AI Use…
We are honored to recognize Abhilash Warrier as our Community Spotlight honoree for…
These are the community rock stars!
Stay up to date on forum activity by subscribing.
CA Neeraj Kumar 2,257
André Arnaud de Cal... 913 Super User 2025 Season 2
Sohaib Cheema 611 User Group Leader
