The actual training was actaully not the difficult part. Once it is configured, the user does regular operations with the default currrency chosen. The setup is the critical thing. I did not find a clear path in the documentation on all the places to check in setup screens. Maybe it is there and I just didn't see it.
i.e. Division Maintenance has a currency button that I had not previously noticed.
There is a currency field on vendor and customer master screens to enter the default currency. The end user added new customer/vendors and did not fill it in. The standard A/P & A/R aging reports now options about which currency to use.
Forms: The end user wanted to see which currency was printing on the S/O forms, so formatted the currency symbol to show the multi currency unit (USD, CAD, EUR). For some reason, that modification appeared to disappear twice. I couldn't find a user that acknowledged changing the form, so not sure what exactly happened.
The check form was modified to show the currency symbol.
The big surprise was that all MAS companies MUST have the multi currency configured, whether they use it or not. This client had a US company that did not use it, and a Canada company that used it. As soon as Multi Currency was installed, the US company had MAS problems, even the the multi currency was not active on their company code. This detail is in the documentation, if you read it all.
Then come the questions on how often they update the exchange rate, and what that does to accounting. You print an aging report one day for a certain foreign currency amount, then the next day it is different, if the exchange rate was updated. Our client first chose to update the exchange rate once per month to keep everything stable. Then another controller decided to update it daily. I'm not yet sure what impact that has had on the accounting department.
This might be a good opportunity for DSD to put on a webinar for Multi Currency.
I think it is an invaluable tool to add value to MAS90 for our clients in Silicon Valley who often deal with iinternational links to their businesses. But I sure looked like a fool implementing it for the first time.