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Answer Posted / shahid raza, pgdm,l.b.s,g.noid
outstanding expences a/c .....dr.
to expences a/c
| Is This Answer Correct ? | 9 Yes | 11 No |
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A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
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