This topic provides detailed instructions to capture parameters for account revaluation.

1. On the homepage, click Menu and click Operational Ledger and then click Maintenance. Under Maintenance, click Revaluation Setup, and click Create Revaluation Setup.
   The Create Revaluation Setup screen displays.

   Figure 2-5 Revaluation Setup

   
   

   
   Description of "Figure 2-5 Revaluation Setup"

   
   
2. Specify the following details, for more information on fields, refer to the field description table below.

   Table 2-6 Revaluation Setup

   Field	Description
   General Ledger Code	This code is used for the GL account for which you specify the revaluation parameters. Select an appropriate code of the GL account from the option list.
   Transaction Code	This code is used for posting accounting entries to the defined revalued GL account. Select an appropriate transaction code from the option list.
   Rate type	Select an appropriate rate type from the option list to revalue this GL.
   Profit General Ledger	If the result of the revaluation is a profit, then the profit amount will be added to this profit general ledger. If you have selected to split the revaluation for a GL, the Revaluation Profit will be posted to this GL instead of Trading Profit. Revaluation split segregates the profit or loss into two categories: Trading Profit or Loss – Displays trading profit or loss resulting from the revaluation of foreign currency (FCY) entries recorded in the general ledger (GL) for the current day. Revaluation Profit or Loss – Displays revaluation profit or loss based on the opening foreign currency balances, not including transactions from the current day.
   Loss General Ledger	If the result of the revaluation displays a loss, the loss amount will be debited to this loss GL. If you have selected to split the revaluation for a GL, the Revaluation Loss will be recorded in this GL instead of Trading Loss.
   Trading Profit/Trading Loss General Ledger	This field displays the GL used to record the profit or loss from trading revaluation (Trading Profit / Loss) when a revaluation split is enabled for the GL.

   In this screen, you can maintain the following parameters to specify the revaluation parameters for a GL account:

   • The general ledger accounts where the profit or loss on revaluation should be posted.
   • The account to which revaluation profit is debited or loss is credited.
   • The rate type is used to revalue the GL.
   • The transaction code used to post revaluation entries.
   • The rate type is used for accounting entry-based revaluation of profit and loss GLs.
   • The transaction code is used to post revaluation entries due to accounting entry-based revaluation of profit and loss GLs.