Topic: Currency Revaluations - Supplier/Customer balances
I gather that currency revaluations routine does revaluations only for cash/bank accounts. Whereas logically it should also revalue any foreign currency (other than default currency) suppliers/customers balances as well.
For example, a supplier invoice for GBP1,000 is booked in US$ company on 01-Jan-2011 at a rate of 1.6 as US$1,600. If the same invoice is outstanding at 28-Feb-2011 when the rate has changed to 1.5, the revaluation routine should decrease the supplier liability by US$100 and record an exchange gain of US$100. At the time of payment FA does record relevant revaluation correctly, however it should also revalue any supplier/customer balances.