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Former Member
Dec 26, 2007 at 07:45 AM

Pararel currency

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Hi..

Have some questions according to Pararell Currency.

1. If I use SGD as local currency and USD as Group currency, Does this mean I use pararell currency?

2. How does the ledger work for the pararell currency?

I mean, are there any differences when we post journal that use more than one ledger and when we post journal that use only one ledger?

I still cannot understand when we use more than one leger . And why we have to add the ledger if we define more than 3 currency.

Thanks.