You can enter manual journal entries using an entered currency. An entered currency is a currency that is not the ledger currency.

If you use reporting currencies (journal or subledger level), an entered currency is a currency that is not the currency of the reporting currency.

To enter an entered currency journal:

1. Navigate to the Enter Journals window.

   The Find Journals window appears.

2. Enter or query a batch from the Find Journals window or choose New Batch.

   The Batch window appears.

3. Enter optional batch information in the Batch window and choose Journals.

4. In the Journals window, enter journal information, specifying the entered Currency you want to use for your journal entry.

5. Enter the journal currency conversion information.

   • The conversion Date should be within the accounting period you defined for the journal entry but the Date field allows other entries in case you want to use a different period's daily rate. The conversion date is the posting date for the journal entry.

   • If you don't choose a conversion date, General Ledger uses the default effective date of the journal.

   • The conversion Type can be the Spot, Corporate, or User type, or any conversion type you defined. If your conversion rate type is assigned to a definition access set, you must have Use privilege to select it.

   • You must enter a conversion Rate if you enter User as the conversion type. If you specify a conversion type other than User, General Ledger automatically enters the daily conversion rate based on the rates you entered in the Daily Rates window.

6. Enter your journal lines, using debit and credit amounts in the entered currency. General Ledger automatically converts the entered amounts into your ledger's currency based on the designated conversion rate.

7. Use the scrolling region to review the results of your currency conversion. You can override the Converted Debit and Converted Credit amounts if you enable the user profile option Journals: Allow Multiple Exchange Rates.