Answer Posted / bindu
according to my knowledge foreign currency revaluation
needed at the time of doing business with a foregin vendor
,foreign customer.
by the time when we take service from vendor for 10000 the
dollar rate wa 50 rs (suppose vendor is us person )so
according to this rate we have to give 500000rs according to
our local currency (inr)
but dollar rate always fluctuate .it may riase it may
down.in that scenario by the time of repayment suppose it is
45rs /1dollar .at that time we have to pay only 450000rs in
our local currency(inr)in this scenario we get 50000 profit .
suppose if dollar rate was 60 at the repayment time.then we
have to pay 600000.so we get 100000 loss.
in foreign currency revaluation we can know the profit or
lose we gain
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Explain the two ways used to create asset masters? : fi- asset accounting
GL posting as per order type :- Hi, We have a requirement "For free of charge order zfd , all these orders should hit one GL irrespective of movement type (it may 901 or 601)"
What do you mean by year dependent in fiscal year variants?
How data flows from sd to copa? : co-pa
Where is the configuration setting to be done for carrying out revaluation of planned activity prices in various cost objects?
Can u help me how to See in SAP Form 16 details. T CODE is PC00_M40_f16. my question is How to get computation details through above T COde.When i open through above T Code shows in One Line i.e Gross Salary.I want to see Gross salary detils. is their any other Tcode to see- Computation details! Kindly help me ASAP My mail ID jublee2009@rediffmail.com sherya
Outline credit management in sap? : fi- accounts receivable
re: when i am posting insharecapitalpaid i received one message that is there is no item is assigned to this account (bankaccount)/company code
What assurance the integration of all application modules?
How do you create tasks? What is the max number of tasks you created in your previous projects ?
What is pre-closing? : fi- general ledger master data
What are all the standard reports in co? : co- cost center accounting
please any body can tell me ,what reponsibilities and roles should a sap fico consultant do in the job
Hello friends i am preparing For SAP FICO, can u please suggest me how can i find the jobs openings?, how shall i prepare for it? and on what area i should more focus on? which kind of questions can enterviewer can ask me and how shall i reply. can please get any reference from your side.. please. i am just craving to get the job please help me....... please reply me on E-mail: g.amresh@gmail.com ....
While defining chart of account, there is field "manual creation of cost element" and "automatic creation of cost element", what is it?
