RE: multi currency

["Steve Segerstrom" <SSegerstrom@xxxxxxxxxxxxxx>]

We are 6.0.04 MM on an AS400 and use the multi currency product.

We only do Canada and we impress the rate yearly (but the system will handle 
more frequent reviews).

Once you create the currency and  the bank ; put in the currency on the 
customer master for those accounts impacted.

The gains/and losses we're handled manually; however, the A/R system does have 
some functionality here. In fact the only problem we had was when we changed 
the exchange rate and started getting a mix of exchange rates we had to account 
for this in our balancing procedures for AR.

-----Original Message-----
From: Christine Roman [mailto:ChristineR@SCC-INC.com]
Sent: Thursday, January 17, 2002 4:29 PM
To: 'bpcs-l@midrange.com'
Subject: multi currency


Hi everyone!  We are 6.1.01 MM on an AS400, and are investigating the Multi
Currency product, and are hoping for some feedback from the list.  We are
interested in hearing experiences about implementation, especially after
running without the multi currency feature.  Has anyone updated their
customer masters to a new default currency, or did you need to create a new
customer master?  How did this effect user processing, such as account
review and inquiry, aging?  How often are you updating the exchange rates?

Thanks in advance!


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