This parameter must be set to Yes at the company level to use the FIFO rate calcuation (GESFIFCV) for bank accounts (GESBAN) or petty cash (GESCAI) if the account currency is different from the main ledger or entry journal currency.
This parameter is defined at the level Company.It belongs to Chapter CPT (Accounting) and the Group CLO (Closing operations),The following parameters are also associated with this chapter and group :
No global variable is associated with it.
The following functions are associated with this parameter :
Financials > Closing processes > FIFO rate calculation
The following activity codes (sorted by type) are associated with the parameter :
FIFRC : FIFO rate calculation