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Forums Financial Management Lawson S3 Financials

GLTRANS field acct_amount

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SN
New Member
Posts: 2
New Member
9/19/2013 7:54 AM
Hi,

Please help me understand where does the acct-amount from gltrans get its value from.
also shouldn't base-amount and acct-amount have same values?
I have 2-3 scenarios where the base amount doesn't equal to the acct-amount.


Deleted User
New Member
Posts: 0
New Member
9/22/2013 1:47 AM
The acct amount is determined by the currency for the account as specified in the account setup (Gl00.1 - click Accounts(gl00.4) click more, find currency tab.
This is generally used when you have a foreign currency asset or liability (like a CAD bank account for a USD company) where you need to track the account's value in CAD and then revalue it at month end to USD via GL191.