What is Amount(LCY) ?

jamesliangtw · January 26, 2013, 12:26am

Hi Expert,

I follow up the training material Nav2013 FA to practice the Fixed Asset for “Posting Maintenance Costs”,

I input maintenance is $3000.00 but after post, the maintenance ledger entries shoe $5380.01, so I check “Detailed Vendor Ledg.Entry”. I found the amount(LCY) is $5380.01. does anybody can let me know

what is LCY
How to count from $3000 to $5380.01

Thanks

amol_salvi · January 26, 2013, 5:15am

Amount(LCY) field contains local currency value.

The amount is updated automatically by subsequent applications or exchange rate adjustments.

jamesliangtw · January 28, 2013, 4:03pm

Thank a lot, but how to disable the exchange rate function ? we use US$ only.

amol_salvi · January 29, 2013, 5:38am

Check in Currency Setup whether u have defined any exchange rate against USD currency.