Currency and conversion rate types

Ledger currency is the currency balances are held in. Chosen once, and permanent. Entered versus accounted currency, and where the difference shows up on a transaction. Conversion rate types — spot, corporate, user, and defining your own — and when each is appropriate. A missing rate stops a journal cold. Automate the rate load, or accept a recurring incident: the same sentence as the common configuration module, and it earns the repetition. Then a preview of what comes next, and the framing that makes the next lesson make sense: multi-currency reporting is a ledger design question, not a currency question. Reporting currencies and secondary ledgers are the two answers, and choosing between them is a decision about architecture rather than about exchange rates.

In this module: Module 4 · Chart of Accounts and Ledger Design

1. 1What we're building
2. 2The decision you can't undo
3. 3Anatomy of a chart of accounts
4. 4Segment labels and qualifiers
5. 5Running the design workshop
6. 6Sizing segments: the arithmetic
7. 7Building value sets
8. 8Structure, instance, deployment
9. 9Loading account values
10. 10Account hierarchies and why reporting needs them
11. 11Building and publishing a hierarchy
12. 12Accounting calendars
13. 13Currency and conversion rate types
14. 14Primary, secondary, reporting: the decision tree
15. 15Building the primary ledger
16. 16Ledger options and completing the definition
17. 17Cross-validation and segment value security
18. 18What breaks
19. 19Lab briefing: Meridian Trading