1. Using Financials for Asia/Pacific
  2. Define Revaluation Template in Oracle Fusion General Ledger

Define Revaluation Template in Oracle Fusion General Ledger

A revaluation template is defined by currency, and is based on cash flow segment.

For cash-related accounts, the cash flow segment is the default segment. Therefore, the gain/loss account in the template must also be the default values, for example, 0000.

For noncash-related accounts, the template is defined in detail based on each cash flow segment in the chart of accounts. Noncash-related accounts include liability and receivable accounts in Oracle Fusion Payables and Oracle Fusion Receivables.

For example, when a foreign currency invoice in the period end isn't paid, you must revalue the 2010001 Liability account.

  • Debit: 01.000.5010005.1001 (CFS) $100

  • Credit: 01.000.2010001.1001 (CFS) $100

To balance the cash flow amount in the revaluation template, the gain/loss account must contain the same cash flow segment. Hence, the gain/loss account in the chart of accounts must be 01.000.Gain/Loss.1001.