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Which one of the following methods in foreign currency revaluation jobs is used to post, regardless of whether the result is a profit or loss?
Invoice date
Minimum
Standard
You need to process exchange rate adjustments on eligible main accounts. What should you do?
Use the periodic General Ledger function, Foreign currency revaluation.
Use the periodic Accounts Payable function, Foreign currency revaluation.
Use the periodic Accounts Receivable function, Foreign currency revaluation.
Use the periodic General Ledger function, Ledger accounting currency conversion.
You want to set up foreign currency consolidation in Finance to automatically post differences that result from consolidating subsidiaries with foreign currencies. What should you set up in the General ledger?
Rounding rules on the Currencies page
An account for automatic Penny difference in reporting currency transactions
An account for automatic Penny difference in accounting currency transactions
An account for automatic Balance account for consolidation differences transactions
When posting year-end transactions, which posting layer is designed for the closing sheet?
Closing
Current
Opening
Operations
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