well, well blogger01, A reporting set of books is a financial reporting entity
associated with a primary set of books. While the reporting
set of books has the same chart of accounts and accounting
calendar as the primary set of books, its use of a
different functional currency (reporting functional
currency) allows you to report in a different functional
currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies. By using MRC concept we
can maintain up to Eight Reporting Set Of Books.

Answered by Romi , an ibibo Master, at 4:25 PM on July 01, 2008

A reporting set of books is a financial reporting entity
associated with a primary set of books.

While the reporting set of books has the same chart of accounts and accounting calendar as the primary set of books, its use of a different functional currency (reporting functional currency) allows you to report in a different functional currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies.

By using MRC concept we can maintain up to Eight Reporting Set Of Books.

Answered by Yash , an ibibo Master, at 9:34 AM on July 01, 2008

A reporting set of books is a financial reporting entity
associated with a primary set of books.

While the reporting set of books has the same chart of accounts and accounting calendar as the primary set of books, its use of a different functional currency (reporting functional currency) allows you to report in a different functional currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies.

By using MRC concept we can maintain up to Eight Reporting Set Of Books.

Answered by Shobhit , an ibibo Master, at 5:56 PM on June 25, 2008

A reporting set of books is a financial reporting entity
associated with a primary set of books.

While the reporting set of books has the same chart of accounts and accounting calendar as the primary set of books, its use of a different functional currency (reporting functional currency) allows you to report in a different functional currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies.

By using MRC concept we can maintain up to Eight Reporting Set Of Books.

Answered by Raksha , an ibibo Master, at 9:37 AM on June 24, 2008

hi blogger reporting set of books is a financial reporting entity
associated with a primary set of books. While the reporting
set of books has the same chart of accounts and accounting
calendar as the primary set of books, its use of a
different functional currency (reporting functional
currency) allows you to report in a different functional
currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies. By using MRC concept we
can maintain up to Eight Reporting Set Of Books
this is taken from source http://www.allinterview.com/showans wers/58685.html

Answered by Arti singh , an ibibo Specialist, at 9:01 AM on June 18, 2008

reporting set of books is a financial reporting entity
associated with a primary set of books. While the reporting
set of books has the same chart of accounts and accounting
calendar as the primary set of books, its use of a
different functional currency (reporting functional
currency) allows you to report in a different functional
currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies. By using MRC concept we
can maintain up to Eight Reporting Set Of Books

Answered by Madhurima , an ibibo Master, at 6:04 PM on June 13, 2008

hi blogger reporting set of books is a financial reporting entity
associated with a primary set of books. While the reporting
set of books has the same chart of accounts and accounting
calendar as the primary set of books, its use of a
different functional currency (reporting functional
currency) allows you to report in a different functional
currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies. By using MRC concept we
can maintain up to Eight Reporting Set Of Books
this is taken from source http://www.allinterview.com/showans wers/58685.html

Answered by laks , an ibibo Master, at 3:10 PM on June 09, 2008

Hi,

A reporting set of books is a financial reporting entity
associated with a primary set of books.

While the reporting set of books has the same chart of accounts and accounting calendar as the primary set of books, its use of a different functional currency (reporting functional currency) allows you to report in a different functional currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies.

By using MRC concept we can maintain up to Eight Reporting Set Of Books.

Answered by Ajay Pal , an ibibo Master, at 10:08 AM on June 09, 2008

A reporting set of books is a financial reporting entity
associated with a primary set of books.
While the reporting set of books has the same chart of accounts and accounting calendar as the primary set of books, its use of a
different functional currency (reporting functional
currency) allows you to report in a different functional
currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies.
By using MRC concept we can maintain up to Eight Reporting Set Of Books.

Answered by Om Prakash , an ibibo Master, at 6:02 PM on June 07, 2008

well blogger01, A reporting set of books is a financial reporting entity
associated with a primary set of books. While the reporting
set of books has the same chart of accounts and accounting
calendar as the primary set of books, its use of a
different functional currency (reporting functional
currency) allows you to report in a different functional
currency than that of your primary set of books.

You must define a separate set of books for each of your
reporting functional currencies. By using MRC concept we
can maintain up to Eight Reporting Set Of Books.

Answered by satyaiitk , an ibibo Master, at 10:03 AM on June 07, 2008