Setting the C1_​MLTCURACC Feature Configuration

The C1_​MLTCURACC feature configuration enables you to configure various settings related to the Multi-Currency Accounts feature.

Prerequisites

To set the C1_​MLTCURACC feature configuration, you should have:

  • Adjustment types and adjustment cancel reasons defined in the application

Procedure

To set the C1_​MLTCURACC feature configuration:

  1. Click the Admin link in the Application toolbar.
    A list appears.
  2. From the Admin menu, select F and then click Feature Configuration.
    A sub-menu appears.
  3. Click the Search option from the Feature Configuration sub-menu.
    The Feature Configuration Query screen appears.
  4. In the Feature Configuration Search zone, enter C1_​MLTCURACC in the Feature Name field.
    Note: ORMB search engine supports wildcard search, where you can substitute the percentage (%) symbol as a stand in for any word or letter in a search criteria. You can use the '%' wildcard character in all input fields except the date and ID fields. The '%' wildcard character is suffixed automatically at the end of the partial search criteria. Therefore, you may or may not specify the wildcard character at the end of the partial search criteria. However, you have to prefix the wildcard character manually wherever required.
  5. Click Search.
    A list of feature configurations that meet the search criteria appears in the search results.
  6. In the Search Results section, click the link in the Description column corresponding to the feature configuration whose details you want to edit.

    The Feature Configuration screen appears. It contains the following option types:

    Option Type Description Mandatory (Yes or No)
    Allow Multi-Currency Accounts Used to indicate whether you want to enable the Multi-Currency Accounts feature. The valid values are:

    • Y - If the Allow Multi-Currency Accounts option type is set to Y, the following fields are enabled in the respective screen:

      Screen Name Field Name
      Account Invoice Currency
      Billable Charge Currency Code (for Bill Line)
      Adjustment Currency
      Payment Event Add Payment Currency
      Rate Component Allow Currency Conversion

    • N - If the Allow Multi-Currency Accounts option type is set to N, the Invoice Currency field is disabled in the Account screen. By default, the base currency of the account's division appears in the Invoice Currency field. If the base currency is not defined for the account's division, the currency code specified in the Installation Options - Framework screen appears in the Invoice Currency field.

    Note: If you do not specify the value for this option type, by default, it is set to N.
    		 No
    Transfer Adjustment Type Used to specify the adjustment type using which you want to create a transfer adjustment when an amount is converted from one currency to another.
    Note: You must specify an adjustment type which is already defined in the system.
    		 Yes (Conditional)
    Note: This data is required when the Allow Multi-Currency Accounts option type is set to Y.
    Reason Code for Cancelling Original Adjustment Used to specify the reason code that you want to use while cancelling the original currency conversion adjustment.
    Note: You must specify an adjustment cancel reason which is already defined in the system.
    		 Yes (Conditional)
    Note: This data is required when the Allow Multi-Currency Accounts option type is set to Y.
  7. Enter the values for the required option types in the Feature Configuration screen.
  8. Click the Save button in the Page Title area.
    The changes made to the feature configuration are saved.

Related Topics

For more information on... See...
Multi-Currency Accounts feature Multi-Currency Accounts