What happens if I change the currency on a journal entry?

The journal entered and accounted amounts are recalculated to reflect the new currency amounts. The default conversion date is the journal accounting date.

You can override the conversion date but the conversion date must be within the accounting period that you defined for the journal entry.

If the currency isn't the ledger currency, enter the currency conversion information at

• The journal level for a single currency journal.

• The journal line level for a cross currency journal.

Enter a conversion rate, if you enter User as the conversion rate type. When using a conversion rate type of Spot or Corporate, the daily conversion rate entered in the daily rates table automatically populates the conversion rate.

Note: Currency can only be changed on an unposted journal entry.