Activity code > Module Common Data > Activity Code FIFRC (FIFO rate calculation) 

This activity code must be active to use the FIFO rate calculations (GESFIFCV) for bank accounts (GESBAN) or petty cash (GESCAI) if the account currency is different from the main ledger or entry journal currency.

Functions impacted

The following functions are impacted by the activity code  :

 Financials > Closing processes > FIFO rate calculation