The Microsoft eConnect product requires that a functional currency be created.
1. Choose the currency that you want to be the functional currency and grant access to that currency in the new company. To grant access, navigate to Setup – System – Multicurrency.
2. Go to Setup – Financial – Multicurrency and select the currency. A message stating that the functional currency has changed may occur. Run checklinks as directed. These steps are the same regardless of whether multicurrency is a registered module or not.