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Foreign Currency Valuation vs Translation

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Hi All

 

Here is our scenario -

 

We are using FAGL_FC_VAL for valuating open and non-open items with currency type 10 (local currency).  Also we are running FAGL_FC_VAL with currency type 30 (Group currency).

 

My questions is - do we need to run FAGL_FC_TRNAS again for translating local to group currency? I do see that system posting same entries with FAGL_FC_VAL group currency option vs  FAGL_FC_TRNS option.  I believe these are duplicate entries.

 

Invoice - USD (local currency)

Group Currency - EUR.

 

Thanks!

Rajesh


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