At the end of the accounting period we need to adjust our foreign currency balances to recognize any gains or losses that have accumulated on foreign receivables. Can this be done automatically?
Related Questions
- At the end of the accounting period we need to adjust our foreign currency balances to recognize any gains or losses that have accumulated on foreign receivables. Can this be done automatically?
- At the end of the accounting period we need to adjust our foreign currency balances to recognize any gains or losses that have accumulated on foreign payables. Can this be done automatically?
- What are Foreign Currency Gains and Losses?