Using Multicurrency Processing

Let us look at two multicurrency processing scenarios. The first scenario shows how you maintain multiple books using all multicurrency processes; the second scenario compares the single book translation to the results of maintaining a translation ledger within a multibook environment.

This section discusses:

• Using Multicurrency Processing in a Multibook Environment

• Comparing Multibook Translation Ledger Results to Translation in a Single Book Environment

Note:

General Ledger must be installed and the Create MultiBook Accounting Entries in Subsystems check box must be selected on the Installed Products page for multibook functionality to be available in subsystems, such as PeopleSoft Accounts Payable.