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How to add accounts to the list of GL revaluations accounts

  • 20 March 2023
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Hi guys,

If I record a transaction not in the base currency to a GL account (not a cash account) manually (not through AP or AR), and I want to do GL revaluation at the end of the period. How to add this particular account to the list of GL revaluations accounts? Because right now I could only see the cash accounts when I try to revalue GL accounts. Thanks!

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Best answer by Laura02 20 March 2023, 17:55

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Hello @shuang57 ,

Only the accounts with non-base currency entered on the Chart of Accounts -  Currency column may be re-valued.

Be careful --  test any changes to the Currency in Test before trying in Live.  Once an account is “denominated” (connected to a foreign currency), only transactions in the denominated currency may be posted to the account.  Accounts that are not denominated accept transactions in different currencies.

 

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