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When we run the translation we can give only one rate type,
then how can we run it for two different exchange rates?
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Answer Posted / vijay
There are two rules to run the translation those are PTD &
YTD. If you choose PTD application will take only one rate
to calculate the Asset, Liabilities, Expenses & Revenues.
If you choose YTD application will take period avg expeses
& liabilites and period end rate to assets & revenues.
| Is This Answer Correct ? | 3 Yes | 1 No |
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