Calculating Exchange Rate Gains and Losses

  1. Open the Bank Account Revaluation Utility.
  2. On the form, select the starting and ending bank codes to include in the utility.
  3. Select Preview and click Process to view the results before running the utility.
  4. Select Commit and click Process to run the utility and save the results.
  5. 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