Related topics
From this panel you can run:
- (either) a simulation of losses based on open A/R and A/P documents entered in the system up to the period you select.
- (or) an update directly.
Running a simulation
One of the main advantages with running a simulation first is that you can check the result before update and also control that all exchange rates exist. Note: If you do not run a simulation, and there are errors (missing exchange rates), the update will not be performed. You will instead receive an error list. Update is only performed when all the applicable exchange rates exist.
Running an update
When you run an update, the G/L is updated together with the A/R or A/P. The following steps will take place:
- An exchange rate document will be created and connected to the revalued open item.
- G/L postings that reflect the exchange rate document will be created.
- A listing will be printed to show the revaluation on document level.
- Listings that display the update of the G/L postings will be printed.
After completing the applicable fields, click OK. When the realisation update has completed the following message will be sent: Job REAL_EXR completed normally.
Selection
- Select to period
- Enter the last accounting period for selecting documents. A document must have been entered before or in this period in order to be included.
- Transaction currency
- Enter the currencies for which you want to realise exchange rate differences. It is mandatory to enter at least one currency. A maximum of 10 different currencies can be selected at the same time. If you prefer you can run this routine several times selecting different currencies.
Specification
- Simulation
- Indicate if you want to run a simulation before update. The system sets this field to YES by default, which means a simulation will be run. Change this setting to NO to run an update.
- Realise gains
- Indicate if you want to calculate gains.
- Realise losses
- Indicate if you want to calculate losses.
- Accounting period
- Only applicable if running an update. Enter the accounting period in which you want the realisation to take place. This will be the period in which the settlement, as well as the G/L postings, will be created. Note: The accounting period can not be prior to the period you entered in the Select to period field. The system will check this for you in order to ensure that an exchange rate difference is not created in a period prior to the one the document to be revalued was entered in.
- Voucher type
- Only applicable if running an update. Enter a voucher type valid for the routine REVO. The voucher type controls the voucher numbering for the G/L postings.
- Voucher date
- Only applicable if running an update. The system defaults actual date. Enter the voucher date you want the settlement and the G/L postings to receive.
- Document type
- Only applicable if running an update. Enter the document type you want the exchange rate documents to receive. The Document type controls the account for the exchange rate posting.