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Jul 09 at 01:57 PM

Contract and Lease Management: Local GAAP and Global GAAP

100 Views Last edit Jul 22 at 07:05 AM 3 rev


Currently, we have our CLM valuation rules setup only for US GAAP accounting requirements. Are we able multiple valuation rules to allow accounting for local GAAP accounting requirements as well. After some investigation, I can pull the valuation rules in to the Contract.

Which rule does the system use to post? Screenshot above only has the “HGB” rule posting. Are the other rules just informational? If so, can they be exported in mass from RECESH?

Thank You for your time and response.


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