Question

unable to add account to currency revaluation account

  • 28 June 2022
  • 1 reply
  • 104 views

Userlevel 5
Badge +10

Hi,

Question raised on behalf of LCS case

GL account number xxx cannot add to the re evaluation account lists  because of that GL account doesn't not includes ticks for below boxes 

1. ledgers account 
2. currency balance  


1 reply

Userlevel 2
Badge +6

Hi,
As per my understanding, if you want revaluation of currency balances on some specific account, this account must contain currency balances, meaning that currency balance flag must be checked for this account.

Ledger flag should play no role in adding account to revaluation list, but for accounts used in AP/AR (or in general - for ledger accounts) revaluation should be temporary only - it should be reversed next day, as revaluation imp[act typically is not stored in subledger - it is GL process.

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