14.5.2 Revaluation Adjustments

In the Revaluation Adjustments Stage, to arrive at the Revalued Amount (Revalued Amount Values in the Management Ledger Revaluation Balances Entity) before initiating the Revaluation Execution Process, complete the following tasks:

1. For any Balance you arrive at from the Period Balance perspective, compare the current Exchange Rate Value in the Preparation Currency Exchange Rates Entity against the Period Balance corresponding to the Exchange Rate in the Management Ledger Revaluation Balances Entity .
2. Apply the following Formula:
   • For AST/LIAB (Assets or Liabilities) Type, calculate the Adjustment Amount using the following Formula:

     Current Period YTD Balance x Revaluation Rate – Currency Period YTD Balance LCY

   • For REV/EXP (Revenue or Expenses) Type, calculate the Adjustment Amount using the following Formula:

     (Current Period YTD Balance – Prior Period YTD Balance) x Revaluation Rate – (Currency Period YTD Balance LCY – Prior Period YTD Balance LCY)

   Note:

   Revaluation is processed only for the Open Fiscal Periods.