You must run the foreign currency valuation for both US GAAP and IFRS. which leads to different values for the two different accounting principles.
How can you set this up in the system?
Define two valuation methods and assign the ledger groups to the new valuation methods
Define two valuation area and assign and two extension ledgers with relevant links to accounting principles
Define two valuation methods and assign the accounting principles to the new valuation methods
Define two valuation area and assign and two accounting principles with relevant links to ledgers
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