Examples for the Realized Exchange Rate Gains and Losses Report
The following examples illustrate the Realized Exchange Rate Gains and Losses Report. The examples involve a U.K. based company that sells to a U.S. customer. Currency revaluation transactions are recorded in the local currency (U.S. dollar) using the exchange rate in effect on the date the transaction occurs.
Each example includes a transaction scenario, the general ledger impact of the transactions, and the transaction and realized gain or loss information as it displays on the report.
Note:
The exchange rates shown in the Realized Exchange Rate Gains and Losses report are rounded to 2 decimal places. To view the complete exchange rate used to calculate the base currency amounts, drill down to the source transaction.