Revaluation Record Details

The following information is available in the Details subtab for each unrealized gain/loss currency revaluation transaction at Transactions > Financial > Revalue Open Currency Balances > List ( Administrator ). You can also view this information from Transactions > Financial > Revalue Open Currency Balances ( Administrator ) after you run revaluation for a period. Click View in the Results column to view the information from last time revaluation was run for an account.

• For transactions included on the Open Receivables and Open Payables subtabs:

  • Type – Type of transaction to be revalued, such as invoice or bill

  • Date – Date of transaction

  • Payee – Entity to receive payment or credit for the invoice

  • Currency – Foreign currency used for the transaction

  • Transaction Exchange Rate – Rate of the foreign currency to the base currency used on the transaction

  • Ending Exchange Rate – Rate of the foreign currency to the base currency as of the last day of the posting period

  • Balance – Foreign currency balance for open receivables or open payables as of the last day of the posting period. Any payments applied in the future periods are ignored.

  • Gain/Loss – (Balance × Ending Exchange rate) – Base Currency Balance. To find the base currency balance, open the corresponding transaction. A positive number indicates a gain.

  • Prior Gain/Loss – Accumulated gain/loss amount (in base currency) resulting from prior revaluations, as of the last day of the posting period

  • Net Gain/Loss – Difference between Gain/Loss and Prior Gain/Loss (Gain/Loss – Prior Gain/Loss)

• For lines shown on the Other Accounts subtab:

  • Account – Name of the foreign currency account

  • Currency – Foreign currency used for the account

  • Foreign Currency Balance – Account balance denominated in foreign currency

  • Base Currency Balance – Accumulated account balance in base currency based on historical transactions

  • Exchange Rate – Rate of the foreign currency to the base currency as of the last day of the posting period

  • Net Gain/Loss – (Foreign Currency Balance × Exchange Rate) – Base Currency Balance

General Notices