The financial controller can prefer to get Microsoft Dynamics 365 for Finance and Operations to control specific currencies, in order to stop transactions in other currencies in the main account.
For example, the controller requires the Egyptian bank main account to only accept transactions in Egyptian pounds, EGP, and prevents it from posting any transaction with a different currency, as shown in the following screenshot:
The Validate currency code options are as follows:
- Optional: This field is not authenticated at the time of posting. This is the default setting.
- Required: This field (provided by Microsoft Dynamics 365 for Finance and Operations) checks whether the field is filled in for posting.
- Specify single valid option: This field (provided by Microsoft Dynamics 365 for Finance and Operations) examines whether the field is completed for posting and that the value matches the value specified in the main account.
- Specify multiple valid options: This field verifies that the field is filled in with one of the values that are defined on the Currency code validation button.
The Currency code validation button is only activated if the selected validation is a Specify multiple valid options.
During the processing of a transaction, if an accountant changes the currency, a warning bar will pop up that will display the message: The currency for account ##### is not valid, as shown in the following screenshot:
