Enter Currency Revaluation Information

Explanation

This activity is used to enter basic and default data for the currency revaluation process. For General Ledger, basic data will be automatically created at the creation of the company according to the different company templates and users are allowed to update the automatically generated data using this window. For Internal Ledger, basic data can be set up per ledger after check box Include in Currency Revaluation in window Define Internal Ledger is selected.

Prerequisites

In order to perform this activity:

• If basic data should be entered for an Internal Ledger, the check box Include in Currency Revaluation in window Define Internal Ledger must be selected.
• A user group for currency revaluation is required. Only user groups defined for ordinary periods are allowed to perform currency revaluations. 
• At least one voucher type for General Ledger and one voucher type for Internal Ledger connected to function group H is required. 

System Effects

As a result of this activity, the values entered are presented as default values when revaluation accounts are defined and when the currency revaluation is performed. 

Window

Currency Revaluation Basic Data

Related Window Descriptions

Currency Revaluation Basic Data

Procedure

To enter basic data for currency revaluation:

1. Open the Currency Revaluation Basic Data window and populate the window.
2. Select the ledger for which basic data should be added or updated.
3. Select the user group allowed to create currency revaluation vouchers by using the List of Values where all user groups that are defined for ordinary periods are displayed.
4. Select the default voucher type for currency revaluation and currency revaluation reversal vouchers by using the List of Values where all voucher types connected to function group H are displayed.
5. Select the default revaluation method for accounts receivable and for accounts payable.
6. Save the information.