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Foreign Currency Valuation – Part 1

Hi All,

I have attached a document on Foreign Currency Valuation. Request you all to go through it and suggest for any changes. Will shortly come with Part 2 on this topic.

Regards

10 Comments
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  • Hope the attachment works fine. If there is difficulty, please advise then I will do a copy paste in the document if that is more convenient in viewing. Presented in the attachment form because of the formatting in a quicker way.

    Regards 🙂

    • Hi Andy

      This is a nice document..

      I would suggest few value-adds in it

      1. Specify the accounting entry in the case of GL account revaluation. Many people have a question whether it is to be posted into the same GL account or an Adjustment account

      2. When multiple valuation areas may be needed

      3. What is difference between KDB and KDF – when are they used

      4. Delta Logic

      5. Comparison with earlier F.05 if you can

      Thanks

      Br, Ajay M

  • Hi,

    Nice document.

    I would like to request you to explain why the Accounting Principle is assigned to Ledger Group & Its role in Foreign Currency Valuation.

    Regards,

    Venkata.

  • Hi Abinav,

    I have read your document and was very easy to understand. Today i have learned new concept i.e about Foreign Currency Valuations.

    Thank you once again for sharing the document.

    Regards,

    Ajay.

  • Hello Abinav,

    Thanks for the document, did you upload Part 2 also?

    If Yes: i am not able to find it. request you share the link.

    If No: when are you planning to release it?

  • Hi Abhinav,

    I’m not able to view the attachment on Foreign currency valuation Part 1. Also kindly let me know if you have part 1 as well with any possible link. Thanks in advance.

     

    Regards,
    Suvi