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January 21, 2026 at 11:24 am #824NTnolle.torreParticipant
Multi-currency in ledger postings allows transactions to be recorded in both the transaction currency and the company’s base currency. ERP systems automatically convert amounts using the defined exchange rate at the time of posting. Each ledger entry stores the original currency amount, exchange rate, and base currency value. This ensures accurate financial reporting, reconciliation, and consolidated statements across global transactions.
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