Saturday, 1 September 2012

GR/IR account is managed on open item basis, and the indicator balance in LC only is tickeD. During a GR, it is credited with $100 (exchange rae USD:INR = 1:40). At the time of invoice receipt, exchange rate is Rs.41 = $1, Uf ckearubg fir $100 is done for the GR/IR account, what is the foreign currency exchange rate posting? | SAP FICO

A. cr Rs.100
B. dr Rs.100
C. cr $100
D. no exchange rate posting

Ans:  D

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