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Profit & Loss Statement in the same currency?
02-10-2012, 04:42 AM
Post: #6
phil Offline
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RE: Profit & Loss Statement in the same currency?
(02-09-2012 07:50 PM)thomas_lie Wrote:  where can I check that the PO gets converted in the software or maybe database?

When you create a PO it always stays in the currency you created. It will never appear in the Balance Sheet.

Only when you receive some stock will the balance sheet be affected - by the number of items received multiplied by the standard cost (or WAC).
Phil Daintree
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Logic Works Ltd
http://www.logicworks.co.nz
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RE: Profit & Loss Statement in the same currency? - phil - 02-10-2012 04:42 AM

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