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Former Member
Aug 03, 2011 at 11:16 AM

Difference in Local curreny and group currency

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Dear Experts,

We have company code currency (10) as INR and Group currency (30) as USD. Few documents are posted in foreign currency GBP. We have maintained exchange rates INR-USD, GBP-INR and GBP-USD.

When I go and see GL balance there is difference between local (INR) and group (USD) currencies for those documents posted in GBP. I know this difference is due to forex. Please suggest how we can avoid these difference

Regards

George