Foreign Currency Risk Management - Group Ledger IFRS

By activating parallel valuation for Foreign Currency Risk Management, you can use an additional valuation area besides your operational valuation area according to International Financial Reporting Standards (IFRS9) phase I (Classification and Measurement).

Key Process Steps Covered

Generate and post accounting postings

Perform valuation of financial Instruments
Post realized profit and loss

Benefits

Generate all postings for the general ledger
Update the general ledger according to IFRS9 phase I (Classification and Measurement)
Process the valuation of transactions and position
Automate the month-end accounting processing