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
Nominal Accounts File – Full Screen Design (Premier only) - Nominal
Viewed 1109 times since Wed, Jun 27, 2012
CALC - Recalculate Current Year Budgets - Nominal
Viewed 1557 times since Wed, Jun 27, 2012
User Defined Journals - Nominal
Viewed 2034 times since Wed, Jun 27, 2012
CASH – Maintain Bank Accounts - Nominal
Viewed 1058 times since Wed, Jun 27, 2012
Reverse Journals - Continue to Next Entry
Viewed 1737 times since Fri, Nov 22, 2013
Account Status Report - Cashbook
Viewed 1553 times since Wed, Jun 27, 2012
Account Enquiry - Cashbook
Viewed 1513 times since Wed, Jun 27, 2012
Postponed VAT Accounting
Viewed 244 times since Tue, Oct 15, 2024
Trial Balance - Cashbook
Viewed 1978 times since Wed, Jun 27, 2012
Bank Reconciliation – Default Date for New Transactions
Viewed 1147 times since Wed, Jun 13, 2012