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. 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

• Default revaluation information has been entered at Company Revaluation Information window.
• AP/AR Accounts has been defined under Revaluation Accounts window.
• Revaluation Period has been Defined.
• Period closed for all other user groups and hold table empty for the period.

System Effects

Currency revaluation for the selected period is executed for accounts with revaluation level Transactions.

Window

Currency Revaluations

Related Window Descriptions

Currency Revaluations

Procedure

1. Open the Currency Revaluations window.
2. Select the Revaluation Id and right click and click the Execute Calculation.