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How to handle currency budget in IFS?

  • July 14, 2023
  • 2 replies
  • 78 views

SHIRINK
Do Gooder
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Hi;

I wanna know how we can handle foreign currency budget in IFS?

I try to create budget process & budget transaction based on the currency that is different from our accounting currency , but when i retrieve the related budget set in GL BALANCE ANALYSIS window to monitor the currency budget amount, i find that this the amount displayed on the columns are based on the accounting currency rather than foreign currency;

please kindly let me know how to setup currency budget in IFS?

Best Regards.

2 replies

Dharshankumaar Mahendran
Superhero (Partner)
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Hi,

 

Are you trying to see the balances based on the parallel currency? there should be a field displaying based on the parallel currency


SHIRINK
Do Gooder
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  • Author
  • Do Gooder
  • July 15, 2023

Hi;

many thanks for your help; 

but suppose our budget currency is different from our parallel currency, with this condition how we can monitor budget currency in GL Balance Analysis?

Best Regards