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Foreign Currency Amortization

in Ask A Guru 4 comments

I recently discovered something that I need to further understand and fix. We are a US company with locations in Canada and Bulgaria. Our Canadian entities base currency is in CAD, but we have a number of customers that are were billed in USD. We've made a point of moving those customers to our US entities so we no longer have any USD billings in a CAD base currency entity. However, what I am seeing is that we still have a large amount that is revalued every month. Investigating this further I see what has

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