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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I need to know when you buy a asset on credit and your monthly instalment is $10000 in the books where and how do you record the outstanding liability the interest and the capital instalments.Secondly the deposit that you receive which you should still send back to the tenat where in the books do you record for entry and the contra entry.
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