If multi-currency processing is in use for the current company, multi-currency cash receipts can be recorded to local currency or reporting currency cash management accounts. In order for them to record a gain/loss, the transaction code MUST be flagged to post to Cash Management and that account MUST be set to a currency (local or reporting) and a gain/loss G/L code identified. Payments are entered in the local currency, but the journal update is in the reporting currency.