Calculate Destination Gain & Loss (tfgld5202m000)

Use this session to calculate destination gain and loss.

The session calculates the difference between the balances in the local currency and the balance in the reporting currencies in an independent currency system.

To calculate the difference:

  1. Define your selection range.
  2. Specify the details of the transaction in which the exchange gain and loss will be posted.
  3. Click Calculate.

Post destination gain and loss

LN posts exchange gain and loss to one of the following:

  • The default destination ledger accounts as defined in the Finance Company Parameters (tfgld0503m000) session.
  • The destination ledger accounts defined for the ledger account(s) that is processed in this session.

Field Information

Fiscal Period

The fiscal year to which the financial transactions are linked.

Fiscal Period

The fiscal period to which the financial transactions are linked.

Rate Date

LN uses the currency rates of this date to calculate the exchange gain and loss.

Home Currencies

The home currency. From the Tools menu, choose Rotate Currency to switch home currencies.

Ledger Account

The From and To fields define a range of: ledger accounts for which LN calculates the gain and loss.

Document Date

The document date.

Transaction Reference

The reference to identify the transaction.

Batch Reference

The reference to the batch created.