Revaluation Record Details
The following information is available in the Details subtab for each unrealized gain/loss currency revaluation transaction at Transactions > Financial > Revalue Open Currency Balances > List ( Administrator ). You can also view this information from Transactions > Financial > Revalue Open Currency Balances ( Administrator ) after you run revaluation for a period. Click View in the Results column to view the information from last time revaluation was run for an account.
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For transactions included on the Open Receivables and Open Payables subtabs:
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Type – Type of transaction to be revalued, such as invoice or bill
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Date – Date of transaction
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Payee – Entity to receive payment or credit for the invoice
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Currency – Foreign currency used for the transaction
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Transaction Exchange Rate – Rate of the foreign currency to the base currency used on the transaction
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Ending Exchange Rate – Rate of the foreign currency to the base currency as of the last day of the posting period
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Balance – Foreign currency balance for open receivables or open payables as of the last day of the posting period. Any payments applied in the future periods are ignored.
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Gain/Loss – Difference in the base currency amount calculated as (Ending Exchange Rate minus Transaction Exchange Rate) multiplied by Balance. A positive number indicates a gain.
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Prior Gain/Loss – Accumulated gain/loss amount (in base currency) resulting from prior revaluations, as of the last day of the posting period
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Net Gain/Loss – Difference between Gain/Loss and Prior Gain/Loss (Net Gain/Loss equals Gain/Loss minus Prior Gain/Loss)
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For lines shown on the Other Accounts subtab:
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Account – Name of the foreign currency account
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Currency – Foreign currency used for the account
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Foreign Currency Balance – Account balance denominated in foreign currency
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Base Currency Balance – Accumulated account balance in base currency based on historical transactions
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Exchange Rate – Rate of the foreign currency to the base currency as of the last day of the posting period
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Net Gain/Loss – Difference between the Base Currency Balance and Foreign Currency Balance (Net Gain/Loss equals Base Currency Balance minus Foreign Currency Balance)
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