Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer)
• The currency maintained in the account master record is USD
• The translation rate between EUR and USD is NOT maintained
• The only balances in local currency indictor is set in the account.
• The account determination for exchange rate difference is missing for the account


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting AllOther Interview Questions

how to mention last year profit of ay private limited company in current year balance sheet ?

0 Answers  


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

0 Answers  


What is the accounting treatment for finance lease in lessee's viewpoint?

0 Answers  


HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

0 Answers  


WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?

0 Answers   IBM,






How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

0 Answers  


How to Calculate HRA, CCA, PF, Transport allowances in Salary if i am getting Rs. 48000/- PM?

1 Answers   DTDC,


what are the golden principle of accounting?

10 Answers   Bank Of America, Capital IQ, Genpact, Jenpac,


What is the Meaning of Current ratio?

5 Answers  


How to enter an invoice already paid?

2 Answers   India Glycols,


Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love?

0 Answers  


is outstanding items (either expences or incomes) comes in trial balance? if so how to treat them in financial statements

4 Answers  


Categories