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Reply from pankaj83 on Sep 29 at 12:46 PM Thanks Ron.
Hi Ron
Thank you very much for a such a nice explanation.
That means only accounts like reconciliation who are invoicing in NGN or open item management (bank accounts in NGN) are subject to valuation not others.
Regards,
Pankaj
| | | ---------------Original Message---------------
From: pankaj83
Sent: Friday, September 25, 2015 3:50 PM
Subject: Functional Currency Configuration
Hi All
Can a functional currency & company code (local currency) differ? We have company in Nigeria which is configured as NGN as company code currency & USD as group currency. Now we got request that functional currency to be USD. How it will be configured? According to me company code currency=functional currency.
Regards
Pankaj |
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