Period End Closing

[Former Member]

Hi all,

Can the foreign currency amount for Operating Costs account being zerorized after the period end closing? If it does, how can it be done? Currently only LC and System currency can be zerorized after the period end closing.

Thank you.

B/Rgds,

Jasmine

[Former Member · Accepted solution]

Hi Jasmine,

Welcome you post on the forum.

This is by system design. Only LC and SC balance will be cleared by PEC but not FC. Are these accounts MC?

Thanks,

Gordon

[Former Member · Accepted solution]

Hi Gordon,

Thanks for your reply, just want to confirm whether that is system design. Yes, those are MC accounts.

Thank you.

[Former Member]

Try running exchange rate differences?