Multiple base currency support in Intacct Integration

Modified on: Mon, 11 Oct, 2021 at 6:41 PM

Scope

Intacct Integration - Multi-Entity with different base currency Support

Prerequisites

- Multiple base currency support is enabled only when the top-level entity is selected.

- Override base currency based on the location id provided for either plan/Adhoc charges/addon so that invoice/credit note gets synced to the related entity as per location provided.

- Excess payments in Chargebee get synced as Overpayments in Intacct.

- This feature is not supported if the customer has purchased the Tax solution module in Intacct.


- Multiple base currency support is only available for Sales Invoice workflow
- Not available for Tax solution (AR Invoice workflow)enabled flow account. 
Reach out to support@chargebee.com to enable this featur

Solution

Once this feature is enabled on your site. Follow the below steps

1. Select the Top-Level Entity for enabling the multiple base currency support features. 

Location id is mandatory when top-level is selected.


2. Select the itemGL group for each currency. Listed below are the invoice line items in the itemGL group:

  • One Time Charges

  • Setup Fee

  • Discounts

  • Bad Debts (write-off)

  • Round off


3. Define the Dimension Configuration for each currency. The following are invoice line items within the Dimensions Configuration:

  • Location - It is mandatory to define this field.

  • One Time Charges

  • Setup Fee

  • Round Off

  • Refund
    Note: Defining Dimension 2 and Dimension 3 is optional.


4. To sync Overpayment mapping for each currency :

  • It is mandatory to configure the Location 

  • It is optional to configure the Department 


5. Once all this is set up, you need to configure Inter-Entity Account Mapping on Intacct. 

Select CompanySetup Inter-Entity Account Mapping



 



M
Monica is the author of this solution article.

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