•Reports show the currency selected in the Reporting page.

•The Currency option in the Reporting page lets you to toggle between reporting currency and local currency.

•Currency Translation Adjustments and other advanced currency concepts are discussed in Foreign Currency Issues.

•Reporting Currency reports use foreign exchange rates when computing your data.

•Local Currency reports use data, as it was entered in the system, allowing reports to agree with the source information.

•You can view most reports in either Local or Reporting Currency for a single unit. However, other reporting levels may not combine if the underlying units' currency designations differ.

•To view the local currency report with multiple currencies, you must activate the parameter, Allow Multiple Local Currencies on Reports, in the system.

oTo activate this parameter go to Administration > System > Manage Configurations > Reporting > Other > Allow Multiple Local Currencies on Reports.  Select Yes for Allow Multiple Local Currencies on Reports.

oTo import this parameter into the system, use ALLOWMULTICURRENCYREPORT system parameter with a paramvalue of Yes.