FX Range

The system uses the FX range of accounts to determine which journal entries in the general ledger can be posted to fixed assets. You must specify all fixed asset accounts within the FX range of accounts. For example:

Range

Description

FX01 - FX02

Beginning and ending range for asset cost accounts.

FX03 - FX04

Beginning and ending range for accumulated depreciation accounts.

FX05 - FX06

Beginning and ending range for depreciation expense accounts.

When you set up the FX range of AAIs, you must use these guidelines:

  • Define up to 49 FX ranges per company, starting with FX01-FX02 and ending with FX97-FX98 for each company.

  • Use even numbers for ending ranges, such as FX02 and FX98.

  • Set up company-specific FX ranges, or use the default company 00000 to set up the FX range for all of the companies at one time.

    If you set up a company-specific FX range for one company, you must set up the FX ranges (starting with FX01-FX02) for all companies.

  • Specify an object account for each FX range.

  • Include subsidiary accounts as needed.

    Subsidiary accounts are optional. If you want to include all subsidiaries in the FX range, include .99999999 in the ending range. For example, if you use subsidiary accounts, you might have a range of accounts that includes accounts 3000-4000.99999999. Then, if you add other subsidiaries to the chart of accounts at a later time, you do not have to change the AAIs.