To elaborate the issue more the end user reports that there is a mismatch in amounts of EUR amounts against the base currency USD in recent months. He assumes that the cause for this could be some error/ mistake or not conducting process of MONTH END REVALAUATION OF AR IN EUR. This has caused a loss in their reports in EUR transactions.
So, the end user wants the reason for this and what caused for this to happen.
They assume that if something happened, it has happened after April 2025 and they want to confirm, whether the revaluation of AR in EUR could be done again From April to November 2025 for AR, AP & GL and if they could do it by taking the exchange rates to the amounts at that were in those specific months or do they have to use the current exchange rate values as of now to do this revaluation again.
And they want to confirm also whether this error in EUR amount could have a impact in journal entries with other currencies such as GBP.
Error/ mistake or not conducting process of MONTH END REVALAUATION OF AR IN EUR has caused a discrepancy
+15
Regarding the financial impacts tbetwen USD and EUR might be cause the differences.
+19Hello
GL may be revalued for denominated accounts. Revalue GL Accounts/Revaluse AP/Revalue AR will use the Date from the specific Revalue process screen, with the Rate Type (Average, Historical, etc) linked to each account in Chart of Accounts screen. If there is no Rate Type entered on COA screen, then Revaluation Rate type from Currency Mgmt references screen is used.
Acumatica will use the rate that is/was effective on the Date used in the Revaluation process screen.
From the Help:
I do not expect revaluing specific accounts as shown above will impact other currencies.
You may Revalue starting from the first month the client thinks is incorrect, coming forward with each month in chronological order. Please let us know how this works out. Try in a Snapshot copy of the tenant, if you’d like to see the end results and proceed in the Live Tenant with confidence.
~ Laura
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