Currency Revaluation Criteria Fields
Here is a description of the fields and buttons are available on the Currency Revaluation Criteria page.
Details Fields
Key: * – Mandatory field
Field |
|
Description |
---|---|---|
Currency Revaluation Criteria Name | * | The unique name of the revaluation criteria, up to 80 characters in length. |
Template | * | Lookup to the currency revaluation template used by the criteria. The GLAs and the companies associated with the template must be either corporate or local. |
Criteria Period Selection Fields
The fields displayed in this section depend on the template type assigned to the currency revaluation criteria.
Field |
|
Description |
---|---|---|
Balance Sheet Period From | Specifies the opening balance sheet revaluation period. If you select Specific Period you can specify the initial period. If you select Opening Balances, the opening period is automatically selected. | |
Balance Sheet Period To | Specifies the final period of the balance sheet revaluation. | |
Income Statement Period From | Start of the income statement revaluation period. The whole revaluation period for an income statement must fall within the current financial year. | |
Income Statement Period To | End of the income statement revaluation period. |
Currency Revalue and Translate Fields
The following fields are displayed when you click Retrieve Data. The same fields are displayed on both the Revalue and Translate tabs.
Field |
|
Description |
---|---|---|
Company | * |
Name of the company included in the revaluation or translation. The companies selected are those on the currency revaluation template used to create the criteria. |
Conversion | The value of the revaluation or translation in the relevant Home or Dual currency. | |
Currency Conversion Rate | The exchange rate used for the revaluation or translation. If exchange rates are not available or you want to change the exchange rates, you can click Exchange Rates to manage the exchange rates. You must click Retrieve Data again to update the exchange rate information on the criteria. | |
Document Currencies | The ISO code of the document currencies retrieved for revaluation or translation. | |
Exchange Rates | A link to the Foundations Exchange Rates page. Enables you to manage the exchange rate used in the revaluation or translation. If you change exchange rates, you must click Retrieve Data again to refresh the criteria selections. | |
Manage Selections | Enables you to remove companies or specific company currency combinations from the revaluation or translation. | |
Selected | Indicates that the company has been selected for revaluation or translation. All companies are automatically selected by default. |
Currency Revaluation Generation Fields
The following fields are displayed when you click Generate or Generate & Post.
Key - * – Mandatory field; The number indicates the number of characters that are allowed in this text field, where appropriate.
Field |
|
|
Description |
---|---|---|---|
Currency Revaluation Group Description | * | 80 |
An auto-generated description for the currency revaluation groups created by the revaluation or translation. Consists of the following:
|
Reversal Transaction Posting Period | Accounting period to which the resulting transaction reversal is posted. The resulting transaction date will be the first day of this period. The opening and closing periods, period 000 The opening period of a financial year. and period 101 The closing period of a financial year., are not valid reversal periods. |
||
Transaction Posting Period | * | Accounting period to which the resulting transaction is posted. The resulting transaction date will be the last day of this period. |
Currency Revaluation Group Fields
The following fields are displayed in the Currency Revaluation Groups panel. These fields are populated by the currency revaluation process.
Field |
|
Description |
---|---|---|
Group Name | * |
Lookup to the currency revaluation group. |
Company | * | The name of the company the group was generated for. |
Status | * | The status of the revaluation process. |
Buttons
Button |
Description |
---|---|
Exchange Rates |
A link to the Exchange Rates page. You can use this page to set up or amend the exchange rates used in the revaluation or translation. If you change the exchange rates, you must click Retrieve Data again to refresh the currency revaluation criteria. |
Generate | Displays the Revaluation - Generate window, so that you can create the currency revaluations based on the currency revaluation criteria. |
Deprecated: Generate | This button is obsolete. To create currency revaluations from a Lightning page, you must add the Generate button to the page. |
Generate & Post | Displays the Revaluation - Generate & Post window, so that you can create and post the currency revaluations based on the currency revaluation criteria. |
Deprecated: Generate & Post | This button is obsolete. To create and post currency revaluations from a Lightning page, you must add the Generate & Post button to the page. |
Manage Selections | Enables you to select or deselect the companies and currency combinations retrieved for revaluation or translation. |
Retrieve Data | Retrieves transactions based on the selected periods and revaluation template. |