Type the currency code for which you want to specify revaluation options, or choose it from the Finder.
The revaluation process selects only transactions that are in the specified currency.
Note: You cannot specify the same currency code more than once for a single revaluation. If you want to revalue different ranges of records for the same currency code, revalue each range separately.
This field is available only if all of the following conditions are true:
- You use the Recognized Gain/Loss accounting method for your Sage 300 system.
- You are revaluing a period that you revalued before.
- There is a backdated transaction in the period.
The field identifies the earliest backdated document to revalue.
If you leave this field blank, the program does not adjust the balances for the backdated transaction and associated documents.
Example: You might leave the field blank if the revaluation is not for the end of a reporting period, and the change will be captured in a subsequent revaluation.
The Optional Fields column on the detail table indicates whether any optional fields are assigned to the revaluation. The program sets the value for each line that you fill in on the table. If any revaluation optional fields are set up for automatic insertion, when you first add a detail line, the program sets the field to Yes.
To change the optional fields and values for a particular line, or to delete optional fields, either double-click in the Optional Fields column for the line or select the line, then click the Optional Fields column heading.
A separate Optional Fields screen then opens, showing any revaluation optional fields set up for automatic insertion, along with their default values. You can edit the values for existing optional fields, or add or delete optional fields for the detail. However, you can add only optional fields that are set up for use in revaluation transactions.
Select the Provisional Revaluation option if you want to preview revaluation transactions to check them before they are posted to the general ledger accounts.
After creating provisional revaluation transactions, print the Provisional Revaluation Posting Journal to check the effects of the revaluation before you do an actual revaluation and create general ledger transactions.
Type the rate at which to revalue transactions for the specified currency code, or select a rate from the Finder.
Type the date to use to select the exchange rate at which to revalue transactions for the specified currency code.
Type the rate type, or choose a rate type from the Finder. (The rate type determines which currency table will be used.)
Type the date to use to select transactions to revalue.
The revaluation process selects open transactions with document dates that are on or before the date you specify.
Overview
You use the A/R Revaluation screen in multicurrency ledgers to:
- Revalue multicurrency transactions at new exchange rates to determine the current value of receivables on specific dates.
- Provisionally create revaluation transactions to check the entries that would be created for the exchange gain and loss general ledger accounts if you revalued the accounts at the specified rates. (Select Provisional Revaluation.)
- Create revaluation transactions for the general ledger exchange gain and loss accounts and for the customer accounts.
- Open a separate screen to view historical revaluations for a selected currency. (Click the History button.)