Run a report in the additional reporting currency
Using an extra reporting currency can help a company's reporting process in the following cases:
Companies in non-EU countries and/or regions that have a high proportion of transactions with EU country and/or region companies. In this case, the non-EU company might also want to report in euros to make its financial reports more usable for EU trade partners.
Companies that also want to display reports in a more internationally-traded currency than their own local currency.
Several reports are based on general ledger entries. Many of these reports can be printed in the additional reporting currency that includes Account Schedules and the Closing Trial Balance report. Similarly, all the reporting for VAT, including VAT statements, VIES declaration disks, and VAT settlements can be done in the additional reporting currency.
To display the financial data in these reports in the additional reporting currency, select the Show Amounts in Add. Reporting Currency field on the Options FastTab for the report.
The fields that are related to additional reporting currency can also be displayed on various pages, including the following fields:
Chart of Accounts
Acc. Schedule Overview
Analysis by Dimensions
G/L Balance by Dimension