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Is Your Foreign Currency Revaluation FASB 52 Compliant?

Is Your Foreign Currency Revaluation FASB 52 Compliant?

Published: 15/October/2006

Reading time: 16 mins

Compare methods of configuring and executing foreign currency revaluation in your SAP system to determine which method best suits your needs while meeting US Financial Accounting Standards Board Statement No. 52 (FASB 52) requirements, which govern foreign currency revaluation. Key Concept Currency type 10 revaluation is the difference of the open payables/ receivables balance of...

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