Some GL opening balances were migrated into USD currency, others were in LKR. Subsequently, our GL accounts have been handling transactions in multiple currencies.

However, when we perform the month-end currency revaluation process, the closing exchange rates are not reflected accurately.

We map the revaluation accounts accordingly.

1. Revaluation at the “Transaction” level applies only to Trade debtors and Trade creditors.

2. Other GL accounts are revaluated at the “Balance” level.