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MRC in Payables

Posted: Thu Nov 01, 2007 3:40 am
by rajib.banerjee
Hi friends,
Can anyone clarify my two questions?
1. What is the need to have Multi Reporting Currency in Payables when we already have transaltion arrangement in GL.
2. MRC in Payable is of only 7 currencies as far as I know..Is it so? If so how is it utilised?
Thanks..

Posted: Sun Nov 04, 2007 11:02 am
by cnubandi
Hi,

MRC at Payable level will useful to generate Payables reports in other currency.