Calculating Exchange Rate Gains and Losses
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Open the Bank Account Revaluation Utility.
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On the form, select the starting and ending bank codes to include
in the utility.
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Select Preview and click Process
to view the results before running the utility.
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Select Commit and click Process
to run the utility and save the results.
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This information is displayed in the grid for each record:
- Bank code
- Bank name
- Currency and description
- Journal account number used to post gains and losses
- Description of journal account
- Unit codes associated with the journal account
- Current account balance
- Balance in the domestic currency prior to and after the exchange
rate
- Amount debited for any gains associated with the exchange rate
- Amount credited for any losses associated with the exchange
rate