Answer Posted / mayur patel
share premium means adding certain amount in the face value of share when it is issue in market. that amount known as premium of share.
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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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