Briefly list the steps for foreign currency journals?
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it is very simple. at first define the daily currency
convertion rate between your function currency and the
currency you want to do journal entry. just go to the
journal entry work bench.
then give a description to the journal entry, then in the
currency tab change the currency to the desired
currency.then in the rate type give the rate type you
defined earlier. rest of the process for creation of journal
entry are same.
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Answer / ravindra reddy
For Foreign currency journal we need to update daily
currency convertion rate between your function currency ,
& nothing to be changed
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