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
Cash Account - Cashbook
Viewed 1688 times since Wed, Jun 27, 2012
Account Enquiry - Cashbook - Application User Facilities
Viewed 1566 times since Thu, Jun 28, 2012
System Profiles Screen 1 - Nominal
Viewed 1890 times since Wed, Jun 27, 2012
Edit System Status Display - Cashbook
Viewed 1565 times since Thu, Jun 28, 2012
Defining User Journals - Nominal
Viewed 1675 times since Wed, Jun 27, 2012
Application User Facilities - Cashbook
Viewed 1598 times since Thu, Jun 28, 2012
Close Previous Year - Cashbook
Viewed 1860 times since Wed, Jun 27, 2012
PREV-YR-PER – Previous Year Period Budgets
Viewed 936 times since Wed, Jun 27, 2012
Application Manager - Cashbook
Viewed 1800 times since Thu, Jun 28, 2012
Set Current Period - Cashbook
Viewed 1891 times since Wed, Jun 27, 2012