what does GL revaluation foreign currency option does? different result than AP and AR?

Finance and Operations/AX User Forum
1

Hi All

How does GL foreign currency revaluation different from AP and AR currency revaluation. I mean, does we have different result?

Ex- I run foreign currency revaluation from AP and from AR, do I need to run from GL as well? does it show different result?

Please let me know asap

Thanks

Girish

2

Hi Girish,

have u ran the exchange adjustment for the AR and AP modules??

thx.

3

Hi

Yes I did run currency revaluation for AP and AR modules. I was wondering, how GL currency valuation works… Does it show different result? or I have to run GL valuation after or before AP and AR?

Thanks

Girish

4

GL currency valuation will be normally run for ledger accounts which are not AP and AR Ledgers. For AP & AR ledgers, the revaluation must be run from the respective modules and to re valuate the other ledgers you should the revaluation from the GL.

5

Thanks Santosh…

Lets take a example… If I want to revaluate USD bank account at the end of the month with current exchange rate. I run revaluation through GL (because this is not related to AP and AR) it does not show anything. I mean it was just blank report. could you please explain me this or take another example of your choice.

Thanks

Girish

6

Have you checked the check box “currency revaluation” for the specific Ledger account which you are considering.

7

Hi, I do have some question.

At the end of period, I have to adjust all the ledger accounts in the system.

So I start with AP and AR foreign currency revaluation, then GL revaluation

my question is “Do i have to check foreign currency revaluation check box in main acc. of Acc. pay and Acc. rec. at the time I run AP&AR revaluation?”

and " Do I have to uncheck it afterward before I run GL revalue?"