term difference transaction what is
Meaning of transaction difference. What is it: activity (for example, acquisition, retirement.

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Definition transaction difference

TRANSACTION DIFFERENCE title: transaction difference (FI-LC) (SAP Library - Glossary)
TRANSACTION DIFFERENCE category: Consolidation (FI-LC)
TRANSACTION DIFFERENCE explained:

A change in an asset's value as a result of an activity (for example, acquisition, retirement, depreciation) can, after translation into another currency, lead to a difference.

This difference is known as the transaction difference.

The transaction difference is not affected by fluctuations in the exchange rates.

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