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Difference between FAGL_FC_VAL and FAGL_FC_TRANS


All of my accounts are maintained in my local currency. I have a second currency. I will have transactions posted in both currencies. Can someone explain to me the difference between these two transactions?

FAGL_FC_VAL has a section for G/L Balances that will Valuate G/L Account balances. How is this different than the currency translation of G/L accounts using FAGL_FC_TRANS?

Thank you for any assistance

Former Member
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