fx-revaluation
Retranslate all open foreign currency monetary items at the period-end closing rate per IAS 21. Posts a net FX gain/loss journal entry for the period. Keeps the balance sheet accurate when the company transacts in currencies other than AED.
Inputs
- period_id
- fx_rates — Closing FX rate table for the period.
How you ask
- FX revaluation
- month-end revaluation
- year-end revaluation
- unrealised FX differences.
Outputs
- fx-revaluation-je (markdown)
- fx-summary (markdown)
- revaluation-summary (markdown)
Levelbeginner
Inputdata
Outputspreadsheet
Setup[none]
Roles[Finance Manager]