Accountant
Currency adjustments
Foreign balances drift as the rate moves. Revaluing posts the difference to exchange gain or loss so the balance sheet reflects today's rate.
Foreign currency exposure
0 contacts,
0 open documents
No open foreign balances
Nothing to revalue right now.
Post a revaluation
Not built yet
Live rates and automatic revaluation
Revaluation is posted by hand here. Doing it properly means storing the original currency and rate on every document.
- Currency and exchange rate held per document, not just a rupee figure
- A rate source with history, so a document reprints at its original rate
- A period-end job that revalues every open foreign balance at once