Revaluation

Sage 300 ERP

image\field_bt.gifRevaluation

Use the Revaluation form to:

  • Revalue multicurrency transactions at new exchange rates, to determine the current value of payables on specific dates (in multicurrency ledgers only).
  • Process a provisional revaluation (select the Provisional Revaluation option) to determine the transactions that would be created for the general ledger exchange gain and loss accounts if you revalued the accounts at the specified rates.
  • Create revaluation transactions for the general ledger exchange gain and loss accounts.
  • Click a History button to open a separate form that lets you view historical revaluations for a selected currency, and select revaluations that you need to redo.

When exchange rates fluctuate, you may need to revalue outstanding documents denominated in other currencies to reflect their present value in your own (functional) currency at a particular time, for example, at financial statement dates. (When you revalue a transaction, Accounts Payable recalculates its functional equivalent value at a new exchange rate.)

In Sage 300 ERP, gains and losses due to fluctuating exchange rates are treated as permanent or temporary, depending on the exchange Gain/Loss Accounting Method specified for your Sage 300 ERP system (in the company profile).

Click here for an overview of the revaluation process.

To revalue transactions

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