Functional currency and Multibank reporting: Difference between pages

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The currency of the primary economic environment in which a firm generates and expends cash.
An arrangement in which a financial institution or third-party reporting service gathers, consolidates, and reports account balances and transactions from various financial institutions with which the company maintains accounts.




== See also ==
==See also==
* [[Base currency]]
*[[Account]]
 
[[Category:Trade_finance]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Manage_risks]]

Revision as of 13:51, 27 March 2016

An arrangement in which a financial institution or third-party reporting service gathers, consolidates, and reports account balances and transactions from various financial institutions with which the company maintains accounts.


See also