Revalue Cash Books

Introduction

This program revalues cash books. You can run the program for a specified cash book, or for all cash books. For each cash book in the run, Cash Manager recalculates the base currency balances using the house exchange rates in force on a specified date. For a foreign currency cash book the calculation involves two phases:

§   A bulk revaluation of all the transactions whose currency information has been confirmed. For these transactions, the program recalculates the base currency values from the values in cash book currency. A new batch is created to account for any exchange gain or loss that arises.

 

§   A revaluation of all the transactions whose currency information has not been confirmed. For these transactions, Cash Manager recalculates the base currency value from the value in entry currency. Cash Manager accounts for any exchange gain or loss that arises for a transaction via a dissection. If the batch has been closed, the General Ledger analysis is created when the batch is closed, otherwise a posting is created when the currency information is confirmed.

 

For cash books whose currency is the same as their base currency, the revaluation only involves the second stage described above.

Definition

A foreign currency cash book is a cash book whose cash book currency is different from its base currency.

More:

Revalue Cash Books Window