Concept: Currency in Accounting Journals in AP&C
Workday provides multicurrency capabilities for accounting journals. Accounting journals enable you to record accounting data manually. When you create accounting journals in Adaptive Planning and Consolidation (AP&C), you can:
- Use the company currency only.
- Use the company primary or alternate ledger currency, when you have alternate ledger currency configured.
- Use foreign currencies for the journal lines.
You also have the same capabilities when you set up journal templates for use when creating accounting journals.
When you use the
Create Journal
task to enter foreign currency accounting journals, Workday converts the journal lines to the company currency to create the ledger currency amount. You can override the exchange rate and ledger currency amounts, as necessary. If there are rounding differences in the ledger currency, adjust the ledger amounts.