Execute Revaluation for Balances

Explanation

This activity is used to calculate the currency revaluation for the accounts with revaluation level equal to balance. Revaluation would only be based on the balance and not on the transactions. The revaluation method used in this case would always be Current.

Prerequisites

In order to perform this activity:

• If revaluation should be done for Internal Ledgers, check box Include in Currency Revaluation in the Define Internal Ledger window should be selected.
• Default revaluation information should have been entered in the Currency Revaluation Basic Data window.
• Accounts should have been defined in the Revaluation Accounts window.
• The revaluation period should have been defined.
• The revaluation period should be closed for all other user groups and hold table should be empty for the period.

System Effects

As a result of this activity, currency revaluation for the selected ledger and period is executed for accounts with Balance revaluation level.

Window

Currency Revaluations

Related Window Descriptions

Currency Revaluations

Procedure

To execute revaluation for balances:

1. Open the Currency Revaluations window.
2. Select the relevant revaluation ID, right click and then click Execute Calculation to open the Currency Revaluation - Execute dialog.
3. Modify the value displayed in the Currency Rate Type field if required.
4. Click OK.