EMU field

Zephyr
Member Posts: 110
Would any one like to tell me what is EMU currency field in The General Ledger Setup Table.
Zephyr
0
Comments
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It allows you to do cross currency application in EU. You can google in EMU.0
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EMU = European Monetary Union, the organisation that implemented the EURO. At some point each participating currency was fixed in relation to the EURO when it was not an official currency yet. I believe the EMU Currency field was meant to reconcile participating currencies against eachother, but I'm not sure exactly about the details.0
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Thank you sir for your information..!Zephyr0
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