FrontAccounting forum — What is the use of "Revaluation of Currency Accounts" ?

Re: What is the use of "Revaluation of Currency Accounts" ?

2015-11-17T15:29:11Z

Hi @itronics,

The GL you mentioned: does it mean that the AP and AR which are not in home currency will be revaluated too besides the foreign currencies bank account?

Re: What is the use of "Revaluation of Currency Accounts" ?

2015-10-06T07:04:48Z

Thanks @itronics.

Re: What is the use of "Revaluation of Currency Accounts" ?

2015-10-06T06:40:18Z

This is operation recalculates value of your foreign currency savings in GL using current daily exchange rate.

What is the use of "Revaluation of Currency Accounts" ?

2015-10-06T05:56:24Z

hi,

what is the use of reevaluating the currency accounts. ?

i am not clear about its usage..