Financials for India - EBS (MOSC)

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Accounting Standard (11) in India requirement--- (11.5.10.2)

edited Jan 5, 2010 9:59PM in Financials for India - EBS (MOSC) 1 commentAnswered
 Hi,

Customer's requirement is to revalue the supplier balances from the subledger module at end of the year and differences to be accounted and carry forward to next financial year for the settlement. No reversal of revaluation can be placed here like normal revaluation behaviour in GL. This is as per Accounting Standard 11 in india. Is there any system standard or work around or patches available to meet this requirement.

Please advise or suggest or add your points on this Query.

Regards,

Balaji

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