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Profit and Cost report excluding impact from exchange rate fluctuation

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Gurus,

 

I'd like to see the profit and cost report excluding impact from exchange rate fluctuation.

The purpose is to see the "True" profitability of business, since exchange rate fluctuation

is unpredictable.

 

One of solution which comes to my mind is to create new exchange rate type such as Z for annual fixed rate,

and create custom report by formula of "Local currency * Exchange rate type Z".

 

Is there any standard solution other than above method?

 

Yoshi


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