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How to clear account balances

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edited Jun 14, 2021 9:34AM in General Ledger & Intercompany 1 comment

Summary

How to clear account balances

Content

What is the best way to clear account  balances? When I check the entered vs converted currency, the rate for some  accounts are negative. What is the impact if I should use this rate?

 

USD Converted USD Hard Currency Currency rate
        1,000,000.00                       6,000.00               166.67
           200,000.00                        (400.00)             (500.00)
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