Interim Currency Calculations to Include Directly Posted Common Currency Data
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Interim Currency Calculations to Include Directly Posted Common Currency Data
- 1 Minute to read
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You can report in ANY currency no matter what currency or currencies your organization currently uses for reports. For example, an organization in the United States has its common currency as USD. The organization’s subsidiaries are in USD and EURO. The organization can report on all entities (those in USD and EURO) in EURO, USD, or some other currency entirely (e.g., Canadian dollar).
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