Ledger Currency Revaluation (ML191)

Run Ledger Currency Revaluation (ML191) to re-convert transaction amounts to company base and (if applicable) to report currency amounts, based on the currency exchange rate in effect at the time of revaluation. This program revalues amounts for all posting accounts that are defined for revaluation. Any difference between the current balance and the new calculated balance is posted to the unrealized gain or loss account. If you use zones, the gain or losses are posted to the zone accounting units. You can revalue currency at any time, or multiple times, during a specific accounting period or within an accounting period range.