Month: September 2013
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Functional Currency and Ledger Currency
How do we determine what currencies to use for our ledgers? Accounting regulations like FASB52 and IAS21 (see regulatory limitations below for details) does not put many limitations on us. Neither does the Oracle R12 ledger setup – at least not evidently according to the FCG (see references section below for acronyms). FASB52 and IAS21 […]