About this document
Foreign Currency Balance Revaluation Guide by knpremkumar-1 is a document available to read on EtoBox.
Revaluation allows balances denominated in foreign currencies to be adjusted to reflect changes in exchange rates. The revaluation process creates journal entries that post gains or losses from changes in rates to a specified account. Revaluation can be run on single currencies, all Euro and EMU currencies, or all currencies according to the currency derivation rules outlined. The revaluation batch must then be posted to update the balances.
- Author
- knpremkumar-1
- Language
- EN