Journal Type and Journal Number

Currency Translation Code I

Matching between the opening balance account the actual year and the accounts included in the closing balance from the previous year is always done between the same journal types and journal numbers, except for currency translation code I. If the detailed currency translation on journals is not defined in the general configuration, the accounts with currency translation code I are matched between the same journal types. When the detailed currency translation is not defined, the opening balance of accounts with currency translation code I will be incorrect for each journal number, while the total for the journal type will be correct. See example 1 and 2.

Example 1: Not detailed

Example of when a detailed currency translation is not used for I coded account on journals:

Previous year

Actual year

Example 2: Detailed

Example of a detailed currency translation for I coded accounts on journals:

Previous year

Actual year

Detailed Currency Translation

If the detailed currency translation of accounts with currency translation code I on journals is defined in the general configuration, the same rules apply for currency translation code I as for currency translation code C. This means that the matching is done between the same journal types and journal numbers. It is important that the company journals entered and copied between the years keep their journal numbers. If you change the journal numbers between the years, the opening balance accounts with currency translation code C and the detailed currency translation of currency translation code I will be incorrectly matched and as a consequence incorrectly converted. See example 3.

Example 3: Detailed, Not Kept Journal Numbers

Example of a detailed currency translation when journal numbers are not kept between years:

Previous year

Actual year