Banking Distribution References

This topic describes the banking distribution references.

REVALUATION ADJUSTMENT Multi-Currency Revaluation Transaction

Occurs when the Bank Account Revaluation Utility is performed and the result is a gain or loss with a non-domestic customer or vendor.

XBAL

Occurs when the Recalculate Journal Balances Utility creates an offsetting journal entry. This utility compares total debits and total credits within a date range. If the range is out of balance, it will balance it by creating an offsetting journal entry for each distinct control number.