Definicja currency translation method

Co znaczy CURRENCY TRANSLATION METHOD:

A method for translating financial statements prepared in a foreign currency, which have varying effects on assets, finances and income.

During consolidation the following methods (among others) can be used:

Spot rate method Modified spot rate method Temporal method Function-specific translation method

In FI-LC, currency translation methods are defined when translation entries and, where applicable, rounding are entries assigned to them.

(See also: exchange rate indicator, rounding entry, spot rate method, currency translation key, currency translation difference, translation entry, currency translation, temporal method.)