FIFO conversion rates journal
Use this parameter to define the automatic journal code to be used for posting the FIFO rate calculations. It must be for a single automatic journal and cannot be a group of automatic journals.
Level of localization/Global variable
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 :
- AUTREVIMP (Automatic reversal of impairment)
- BDTDR (Bad debt date filter rules)
- BDTMGT (Bad debt management rules)
- CNVTYPACC (Currency variance doc type)
- CTLCLOPER (Period closing balance ctrl.)
- FIFRC (FIFO rate calculation)
- GAUBDTDOU (Bad debts - Doubtful debts)
- GAUBDTDWO (Bad debts - Write-off)
- GAUBDTIPR (Bad debts - Impairment)
- GAUCCA (Expense accruals journal)
- GAUCNV (Conversion variance journal)
- GAUPCA (Revenue accruals journal)
- SVCCLOPER (Period closing accruals ctrl.)
- TYPGNRSVC (Accrual generation type)
- VCRTYPSVC (Accruals entry type)
Its values are defined by the function Automatic journals.
No global variable is associated with it.
Activity codes
The following activity codes (sorted by type) are associated with the parameter :
FIFRC :
FIFO rate calculation