Through the Currency Re-evaluation page you can adjust the account values in case changes occur to a certain currency.  However, you can do so to those accounts that have the ‘Apply DOE’ feature enabled and have transactions performed using them. Accounts can be defined through the Chart of Accounts page in the General Ledger module.

 

To adjust the values of accounts, you need to go through the following steps:

 

§  In the Till Date field, enter till what transaction date you want to retrieve results;

§  Select the Currency you want to re-evaluate. The system automatically retrieves its exchange rate. Enter the currency’s new exchange rate;

§  Click . Accordingly, the system retrieves the accounts that have the ‘Apply DOE’ option enabled and have transactions performed in the selected currency;

 

Related Topics

Bank Reconciliation