how many set of books required if you have 3 different type
of currencies viz, rs, dollar and euro?
Answers were Sorted based on User's Feedback
3 set of books required if you have 3 different type of currencies viz, rs, doller and euro
| Is This Answer Correct ? | 19 Yes | 2 No |
Answer / zaheer
u need 3set of books for 3 currencies.otherwise u can go
for secondary ledger concept.
| Is This Answer Correct ? | 9 Yes | 3 No |
Answer / mohammed asim
you need to have 1 set of book with 2 foreigh currencies
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bidyakar
Seat of Books menas
1)Currency
2)Calender and
3)Chart of Account.
If you any changes the you can define a new Set Of Book.
So, In this case you define 3 set of Books.
| Is This Answer Correct ? | 0 Yes | 1 No |
what is difference between realized and unrealised gain or loss?
what is the difference between balance, account, none (automatic offset methods)?
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
What are the steps involved in connecting reporting set of books to primany set of books. How to translate from Functional to Reporting currncy every month or daily?
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
Advance paid to Employee 1000$. Employee incurred expenses of 800$ and he returned 200$. What is the Accounting Entry?
What is Tolerance?
what is the use of Allow amortized changes in fixed assets
What is difference between debit memo and credit memo?
Ran CREATE ACCOUNTING concurrent program to transfer data from AP to GL but the program was completed with status WARNING. can I have few answer for the same.
Can you explain the "Recalculate Scheduled Payment" setting in the Payables Option menu? Should this be enabled?
can you explain about RD-20,MD-50,TE-40,BR-40 under aim methodoloty what it consists, how do you prepare them