Managing the Exchange Rate Difference in SAP Business One
09/03/2022 Technology
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Description
For a global business, managing exchange rates can be time-consuming but an important process. For instance, the constant fluctuation in the foreign exchange rate can change the value of an invoice raised for a US-based client today as it was three days ago. The exchange rate different key SAP Business One is an excellent tool that can automatically post the differences in exchange rates to the general revenue or expense accounts as gains or losses and save valuable money for a business in exchanging currencies.
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Praxis Info Solutions
Individual
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