Execute Revaluation for AP/AR Transactions
Explanation
This activity is used to calculate the currency
revaluation for the AP/AR accounts with revaluation level equal to transactions.
Revaluation would only be based on the transactions and not balance. The revaluation
method used in
this case would be one of the following:
- Current - Transactions will be revalued to the
current currency rate.
- Lowest of Posted / Current - Transactions will be
revalued to the lowest of the current and the posted currency rate.
- Highest of Posted / Current - Transactions will be
revalued to the highest of the current and the posted currency rate.
Prerequisites
In order to perform this activity:
- Default revaluation information should have been entered in the
Currency
Revaluation Basic Data
window.
- AP/AR 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 Transactions revaluation level.
Window
Currency Revaluations
Related Window Descriptions
Currency Revaluations
Procedure
To execute revaluation for transactions:
- Open the Currency Revaluations
window.
- Select the relevant revaluation ID, right
click and then click
Execute Calculation to open the
Currency
Revaluation - Execute dialog box.
- Modify the value displayed in the Curr Rate Type field if
required.
- Click OK.