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Apr 25, 2011 at 09:31 AM

Correcting value of Hard Currency

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Dear,

We have carried on year end closing. Later we found out that the hard currency rate maintained was incorrect. Even though the balances are matching in local currency but the problem is that the hard currency is translated in to a incorrect amount.

Is there any possibility of correcting the hard currency value without changing the local currency or hitting the exchange gain or loss account in hard currency.

Regards.