How are the multicurrency fields used in the Receivables Definition? Is Revaluation required in Rece
We have multicurrency enabled for PeopleSoft. We are in the process of setting up a multicurrency unit in Receivables for the 1st time. Are some or all of the fields in the Multicurrency Processing section on the Receivables Definition > Accounting Options 1 page required? Is revaluation required to run in PSAR? If not, are there certain things we would need to consider related configuration, processes that run (AR Update, Aging, etc.) or online entry? We currently run the revaluation process in General Ledger only. I think PeopleBooks said the system was flexible – revaluation could be done in the subsystem and the entries sent to GL or have revaluation run in General Ledger only but wanted to confirm.
0