Where do I adjust the currency settings for a Bright Accounts Production client?
In Bright Accounts Production, currency settings are managed at two key levels: Base Currency and Reporting Currency.
- Base Currency:
- This is defined at the time of dataset creation.
- It is set under: Settings > Accounts > Setup > Base Currency.
- Once set, the base currency cannot be changed.
- Reporting Currency:
- This controls the currency symbol shown in the produced accounts.
- It can be changed after setup by going to: Compliance > Client Details > Reporting Currency.
Note: While Bright Accounts Production supports selecting a reporting currency for display, it does not convert balances between currencies. All consolidation datasets must use the same base currency. Automatic currency conversion is not currently supported.
If multi-currency functionality is required for reporting or consolidation, manual conversion is necessary before processing.