13 apr

Exchange Rate Difference Account (SAP Business One)

The amount resulting from the conversion of a foreign currency amount at different exchange rates and recorded in SAP Business One. This is a temporary accounting record that is automatically posted when exchange rate differences occur. Normally the Account At the end of the financial year, by transferring the difference between the opening and closing balances of the account into the Profit and Loss Account is booked.



Presentation of the chart of accounts in SAP Business One Financials

Finance in SAP Business One

Financial accounting in SAP Business One contains the entries that are required by law and enriches them with ...