Tuesday, July 7, 2020

NAV / BC and GL Currency Revaluation


  • NAV / BC do not do GL currency revaluation out of the box
  • There is a function to adjust exchange rates, but it has the following limitations
    • Only filters by Currency, not by GL account
      • You cannot control which accounts you want to revalue, only which currencies
    • It will revalue ALL GL entries for the filtered currencies TO the exchange rate found on the Ending Date Selected
    • It generates a single adjustment journal per currency
      • It does not show the beginning and ending exchange rates
      • It does not show the detailed journal revaluation information
  • Turkish Localization tracks original exchange rate in GL

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