Download Infor LN User Guide for Multicompany Structures

Multicurrency Systems
Currency rates in a standard currency system
In a standard currency system, LN converts amounts from the transaction currency directly into the
local currency and the reporting currencies.
You must define the currency rates between:
• All foreign currencies and all home currencies of the financial companies of a group.
• All foreign currencies and the reference currency.
Single-currency system
In a single-currency system, only one home currency is used in the multicompany structure. This
currency is the reference currency, as well as the local home currency of the logistic companies and
all financial companies of the multicompany structure.
The following figure shows the possible links between logistic companies and financial companies in
a multicompany structure that uses a single-currency system. No additional home currencies (reporting
currencies) are used.
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