Hi
In MRC all your transactions are converted in to foreign currency in different SOB whereas in Revaluation your extisting foreign currency balances of Assets and Liabilities are Revalued and the offset amount is posted Unrealized gain or loss account.
If we have to revalue balances for more than ...
Search found 2 matches
- Thu Apr 10, 2008 9:05 am
- Forum: Financials (GL, AP, AR, FA & CM)
- Topic: Differnce between Revaluvation & MRC
- Replies: 4
- Views: 2015
- Tue Jun 26, 2007 1:40 pm
- Forum: Financials (GL, AP, AR, FA & CM)
- Topic: Summary Accounts and Mass Allocation
- Replies: 1
- Views: 1539