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GR/IR Foreign Currency Valuation

Should the GR/IR account be considered for foreign currency valuation?? Right now I have them to accept "Balaces in local currencies only" Would they be valuated or I will have to unselect that check box?

Also, I have other Balance sheet GL accounts which have "Balances in local currency only". Would I have to uncheck that to do the foreign currency valuation??

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  • Posted on Aug 30, 2007 at 11:30 AM

    Can anyone please help me regarding this issue. Thanks

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  • Posted on Dec 09, 2011 at 06:42 PM

    anthonyb:

    Did you get the solution for this, if so can you please share with us!

    Thanks in Advance

    JB

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