Execute Revaluation for Balances
Explanation
This activity is used to calculate the currency revaluation for the accounts
with revaluation level equal to balance. Revaluation would only be based on
the balance and not on the transactions. The revaluation method used in this
case would always be Current.
Prerequisites
In order to perform this activity:
- If revaluation should be done for Internal Ledgers, Include in Currency
Revaluation in the Define Internal Ledger page should
be enabled.
- Default revaluation information should have been entered in the
Currency Revaluation
Basic Data page.
- Accounts should have been defined in the
Revaluation Accounts page.
- The revaluation period should have been defined.
- The revaluation period should be closed for all other user groups and
hold table should be empty for the period.
System Effects
As a result of this activity, currency revaluation for the selected ledger
and period is executed for accounts with Balance revaluation level.