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Translation

Posted: Sat Jul 31, 2010 2:14 am
by syedtaju_21
Hi,
While we are doing the Transalation, we have to define the Period avg rate and Period end Rate.
What is the use of Period Avg. Rate and Period End rate.
Advance Thanks

Posted: Mon Aug 02, 2010 5:25 am
by karthikeyanp1981
Dear Syed,

Please read the below metalink note
188530.1 How Does the Translation Process Calculate the Translated Amounts?

Regards,
Karthikeyan

Posted: Mon Aug 02, 2010 6:11 am
by thotaramu79
According to Accounting Standards, the Period-end rate represents the rate at the Balance sheet date and the Period-average rate represents the average exchange rate.