G/L Create Revaluation Batch Screen

Enter a description of up to 60 characters for the batch. The description is printed on batch listings, and appears with the batch number when you use the Finder to view lists of batches.

Specify the code for the source currency you are revaluing.

If a currency is not listed for an account on the G/L Accounts screen, that account will not be revalued, even if the account accepts postings from all currencies.

Specify the fiscal year for which to revalue accounts.

Specify whether to force revaluation.

If you force revaluation, General Ledger processes all accounts that meet all of the following conditions:

• Within the specified range
• Post to the selected currency
• Revaluation option set to No for this currency on the G/L Accounts screen

If you do not force revaluation, General Ledger processes all accounts that meet all of the following conditions:

• Within the specified range
• Post to the selected currency
• Revaluation option set to Yes for this currency on the G/L Accounts screen
• Revaluation code exists on the G/L Accounts screen for this currency

If you do not list the currency on the G/L Accounts screen, the account will not be revalued, even if you accept posting from all currencies.

Use the From and To fields to define the range of accounts to revalue. Depending on what you specify in the Revalue By field, you enter one of the following:

• Full account numbers
• Segment codes for a specified account segment

Note: All accounts within the range that post to the selected currency and use the specified revaluation code are considered for revaluation. (If you select Yes in the Force Revaluation column, all accounts that have the Revaluation option (on the G/L Accounts screen) set to No are considered for revaluation.)

Use the From Period and To Period fields to specify the range of fiscal periods for which to revalue accounts.

Note: Revaluing accounts for a single fiscal period creates a single set of transactions (one transaction to post the revaluation, and one to reverse it). Revaluing accounts for a range of fiscal periods creates a set of transactions in each period (and allows you to print statements that include the revaluation in each of the periods).

Specify the journal entry date that will be entered with each transaction created by the G/L Create Revaluation Batch screen.

Select or enter an optional field code that you have already set up.

When you enter the optional field code, the program displays the description for the optional field.

This field displays the date associated with the exchange rate.

Each exchange rate in a currency table appears with a date. Sage 300 selects exchange rates for transactions based on the rate type and the rate date. (Rate types tell Sage 300 whether to require a rate with the current date, or accept a rate with the closest earlier or later date.)

Tip: A recent date indicates that your currency tables are up to date.

You can override the rate and the date if needed.

Specify the revaluation code to use. Revaluation codes provide General Ledger with the following information:

• Rate type
• Source code for transactions
• Exchange gain account
• Exchange loss account

Note: Revaluation codes are defined using the G/L Revaluation Codes screen. For more information, see G/L Revaluation Codes Screen.

Specify the exchange rate for all accounts that use this revaluation code.

Specify how you will define the range of accounts to revalue:

• Specify Full Account ID to define the range of accounts using their full account numbers.
• Specify an account segment to define the range of accounts using segment codes for the account segment. For more information, see About Account Segments.

After specifying how you will define the range, enter starting and ending values for the range in the From and To fields.

Note: All accounts within the range that post to the selected currency and use the specified revaluation code are considered for revaluation. (If you select Yes in the Force Revaluation column, all accounts that have the Revaluation option (on the G/L Accounts screen) set to No are considered for revaluation.)