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Sun Documentation -
General Ledger
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Page 17 of 17
Ledger Revaluation- LR
Ledger Revaluation revalues a selected currency, the target currency, against another currency, the source currency, on a group of transactions. For example, you can recalculate the base currency values from the transaction currency values, for all of your debtor account transactions. In this example the transaction currency value is the source of the revaluation, and the base currency is the target. It revalues the selected source currency value on each transaction, using the revaluation period exchange rate, to determine the revised value in the target currency. The difference between the original and revised target currency values is the revaluation difference.The currencies you can choose as the source and target currencies for a revaluation depend on your revaluation requirements, and on your pivot currency. This in turn determines the content of any revaluation postings generated. Click here to see the screenshotSelecting the Source Currency The revaluation source currency can be any one of base, transaction or second base/reporting currency. This currency value on each transaction is used as the basis of the revaluation. These values are not updated, which means that the revaluation postings never adjust the source value. Selecting the Target Currency
The target currency can be the base, second base/reporting currency or fourth currency values. For example, you may want to revalue the transaction currency amounts to determine the gain or loss in the base currency. You cannot select the transaction currency (Value 2) as the target of your revaluation. This is because the transaction currency values are assumed to be 'real' rather than calculated values, and therefore should not be changed. As a result, revaluation postings are never made in the transaction currency (Value 2). The Revaluation Source and Target Currency Combinations
You can revalue the following combination of currencies depending on the currencies you have set in Business Unit Setup (BUS) and assuming one of the currencies chosen is the pivot currency: - Transaction currency (Value 2) against base currency (Value 1)
Transaction currency (Value 2) against second base/reporting currency (Value 3) Base currency (Value 1) against second base/reporting currency (Value 3) Second base/reporting currency (Value 3) against base currency (Value 1). Transaction Currency (Value 2) against Fourth Currency (Value 4).
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The source and target combination you choose, and the pivot currency, determine the type of revaluation postings generated. Only registered users can write comments.
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