Example: Method 0 (Net Period Calculation)
In this example, the AC ledger balance amount for period 3 is 80:
Accounting Period |
Period Amount |
Average Rate |
Calculation |
To Ledger Period Balance |
---|---|---|---|---|
Period 1 |
100 |
1.10 |
100 Ã 1.10 |
110 |
Period 2 |
200 |
1.05 |
200 Ã 1.05 |
210 |
Period 3 |
100 |
0.80 |
100 Ã 0.80 |
80 |