Multiple functional currencies for single company

[cr2]

Our company has domestic and international entities, and would like to use the same GP database for all international entities. Is it possible to have more than one funcitonal and reporting currency for a single database? Is it possible to switch functional currencies when choosing a company from the "Select Company" window?

Thank you in advance.

 

[VictoriaYudin]

This is not possible in GP.

Victoria Yudin
Dynamics GP MVP 2005 - 2008
Flexible Solutions - home of GP Reports

http://www.flex-solutions.com/gpreports.html

 

[klewis10367]

Have you looked into MultiCurrency add on.

 

[cr2]

Not yet. Are we able to do this with an add on?

 

[VictoriaYudin]

You can have multiple currencies at the same time with the Multicurrency module, but you cannot switch your functional and reporting currencies at will.

Victoria Yudin
Dynamics GP MVP 2005 - 2008
Flexible Solutions - home of GP Reports

http://www.flex-solutions.com/gpreports.html

 

[Adionne]

Not sure what you mean by single database? When you get into Dynamics do you have many companies to select from? If yes then you can have a different functionnal currency for each compagnie. If you have only one company to choose from and you want all your companies from within one company, then you can only have one functionnal currency, but I don't see how and why you would do that. You are much better off with one database for each company.