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.

This activity is not carried out when performing currency revaluation in parallel currency.

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 period is executed for accounts with Transactions revaluation level.

Window

Currency Revaluations

Related Window Descriptions

Currency Revaluations

Procedure

To execute revaluation for transactions:

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 box.
3. Modify the value displayed in the Curr Rate Type field if required.
4. Click OK.