Home » Categories » Solutions by Business Process » Finance » Nominal and Cashbook

Revalue All Nominal Accounts - Nominal

Datafile Software

Revalue All Nominal Accounts - Nominal

This option operates as above but allows the ability to revalue all, or selective, nominal accounts for a particular currency in one process rather than revaluing the accounts individually.

On selection of this option you are asked to confirm the period you wish to revalue at and the date to post any revaluation transactions ‘as at’ (note: the date is restricted to the period you are revaluing).

You then select the currency to revalue and you have the option to enter additional selection criteria.The system displays the holding and spot rates to revalue at and asks you to confirm which rate you wish to revalue at. Next, you confirm the exchange differences account to post any revaluations to and whether the revaluation transactions are posted as ‘provisional’ journals or not.

After confirming these details a prompt asks you whether you wish to process accounts automatically.If you respond ‘No’ the system processes each applicable account in turn, shows you the suggested exchange difference and asks you to confirm whether to process. If you respond ‘Yes’ the system revalues the applicable accounts automatically.

Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
VAT Form 100 - Cashbook
Viewed 1723 times since Wed, Jun 27, 2012
Select Key Definition - Cashbook
Viewed 1156 times since Thu, Jun 28, 2012
Security and User Manager - Nominal
Viewed 1265 times since Thu, Jun 28, 2012
Names - Cashbook
Viewed 1300 times since Wed, Jun 27, 2012
System Profiles Screen 2 - Cashbook
Viewed 1838 times since Thu, Jun 28, 2012
Maintain Accounts - Cashbook
Viewed 1418 times since Wed, Jun 27, 2012
Standard Update – Sales and Purchase Ledgers - Nominal
Viewed 1047 times since Thu, Jun 28, 2012
Database Profiles - Nominal
Viewed 1808 times since Thu, Jun 28, 2012
Financial Summaries - Additional Calculation Options
Viewed 1161 times since Wed, Jun 13, 2012
Cash Account - Cashbook
Viewed 1301 times since Wed, Jun 27, 2012