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Re: Discussion on Foreign Currency Valuation

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Hi Arif

 

Thanks for your reply.

 

a) a) Is Asset account always translated not valuated i.e. through FAGL_FC_TRANS not FAGL_FC_VAL? Please elaborate this query.--- My question was is Asset Reconciliation account valuated or translated?


c) Don't you think a G/L account which is neither reconciliation account nor Open Item Management can be valuated but without shadow account since the adjustment posting will be done in same account itself. In my view the role of shadow is in reconciliation or open item management account only. Moreover I think no need to even maintain them in OBA1.


Pls advice.


Regards


Pankaj


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