Set Up Accounting Company Gains and Losses

If your enterprise uses multiple currencies, you set up default general ledger accounts and projects for realized and unrealized gains and losses.

To set up gains and losses accounts and projects:

1. From the Navigation menu, click Settings > Accounting > Company.
2. Click the Gains and Losses tab.
3. Complete the fields on the tab.
4. Click Save.

If you use the Organization feature and you maintain separate balance sheets (the Maintain separate balance sheets by Organization check box is selected on the Organization General Setup form in Settings > Organization > General), you must enter a project for each organization on the Gains and Losses tab on the Individual Organization Setup form in Settings > Organization > Individual.