Friday, January 4, 2019

New Dual Currency in F&O v8.1 - Fixed Asset Considerations

The new Dual Currency features added in version 8.1 include elements beyond just the General ledger.  A number of modules are impacted, including Fixed assets.  (Read about Dual Currency here).  

Reading through the above article addresses the changes in Fixed assets. However it does so more from an upgrade perspective rather than a new implementation.  During regression testing for a new implementation, we discovered that the Wizard referenced in the document MUST be run even though there are no transactions in a new database, and it must be run on every company that will have Fixed assets in it.  Failure to run the Wizard will prevent running an Acquisition or Depreciation Proposal.  The following error message is thrown if the Wizard is not run.


When running the Add reporting currency amounts to fixed asset books Wizard, you must run it through to the end of the process, even if no transactions appear in this form.


Then, you must select Yes in this form before clicking the Finish button.


This process executes in batch mode by default, so allow some time for the Wizard to complete processing before entering any asset transactions.

Note:  A similar Wizard exists for Cash & Bank transactions as well.  Make sure the Wizard process is completed before entering Bank transactions.

1 comment:

  1. In my experience as a young lawyer starting a practice, I realized all of these things can be done - but not without clients to pay for it. To get clients you MUST market your new firm. Andrew Fanelli

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