is it possible to have different currencies for gl accounts
under one chart of accounts ? if yes what is the significance?
Answer Posted / sridhar
Yes, we can maintain a G/L Account with multiple currencies
if (Maintain G/L Account in local currency) is not checked.
We can transact with foreign vendors with same single g/l
instead of using different G/L's for different currency
transactions.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Why do you need asset classes? : fi- asset accounting
Please what do you think i have done wrong when i receive a'No form could be determined in the interest calculation form table for the following arguments' after executing in F.26(Customer Interest Scale) calculating interest.
what is the implemention project in sap?
Explain open sql vs native sql?
Hi SAP friens, i am a beginner in SAP-FICO and started giving interviews...i am struggling and lost couple of interviews because I couldnot tell any tickets/issues...can you help me by sending some tickets/issues to my mail id - rajendranmba@gmail.com...it would be of great help to me to clear the interview...please help.
What is a country chart of accounts? Why do you need this?
What are group assets?
What is the meaning of ADHOC P.O's Do we create Adhoc P.O's to our regular Vendors.What are the Tax aspects in this Issue.
What do you understand by profit center? : cost center accounting
Why do we create profit centers? What are the key components of profit center? : cost center accounting
Can you have non-calendar months as periods in a non-calendar fiscal year?
Explain asset acquisition? : fi- asset accounting
Explain the customer master record and list various segments in them.
What is budgeting? : co- cost center accounting
What Kind of Report we Can see in Cost based Profitability Analysis and Accounting based Profitability Analysis ? Technical things ?