What is the significance of asset books in FA? Types?
There are three types of asset books
1.corporate book
2.tax book
3.budget book.
corporate book is maintained by the organisation and
fallowed according the organisation rules.
Tax book is prepared for reporting to tax authorities.
BUdget book is optional.
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I have some scenario I enter the invoice euro and make the payment usd , it is possible make the payment? If No why and also enable in multi-currency payment enable in bank window ,that time possible or not?
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