Setting Up the Ledger Type Rules for As If Restatement
Access the Ledger Type Rules Setup form.
- Use as Restatement To Ledger
Select this check box.
- Prevent Creation of Journal Entry
Clear this check box.
- Denominated Currency Code
Enter the currency in which you restate amounts in this field. A currency code designation for a ledger type applies to all companies using that ledger.
Ledger type AD requires a currency code to ensure that amounts are restated only in the designated currency and that the amounts have the correct number of decimal places.
To maintain the integrity of the ledger, do not change the currency code that you assign to the AD ledger after you begin using as if restatement.