Multicurrency Processing of Workfile Revisions

In the Workfile Revisions program (P4812), when the Multi-Currency Conversion field on the General Account Constants form has a value of Y or Z, you have both the domestic and foreign amounts available for inspection on the initial detail display.

When the Multi-Currency Conversion field on the General Account Constants form has a value of N, you see only the domestic amounts.

Note: When the job and customer have the same currency code, regardless of how you set up the mode in the billing constants, the mode is considered domestic throughout the billing process. On the Work With Workfile form, you see only the domestic values in the detail area; the foreign amounts are blank.

When you select a transaction from the Work With Workfile form, the Job/Amount Revisions form supplies the mode of the record that was updated, based on the billing constants, or the mode in a G/L offset and retainage table for Service Billing or in the Contract Master Revisions program (P5201) for Contract Billing. You can then select the Foreign option to see the alternate mode (foreign or domestic). Notice that you see only the markup amounts of the fixed currency in the Mark Up % field. Amount fields are changeable only in the mode of the transaction. Cost fields cannot be updated in either currency.

In the nonfixed mode, no markup amounts appear, and all of the amount fields have been disabled for any changes.