Question on Foreign Currency Valuation

[Former Member]

Hi All,

I have question on Foregin currency Valuation.

When we run foregin currency valuation, the system posts an accrual entry and immediately in the next month a reversal entry will be posted.

Now the question is will these two documents (Accrual and Reversal) will be cleared automatically or not?

Thanks in Advance,

Regards,

Swamy. M

[Former Member]

Hi Swamy

The accounts you are assinging are one is of P & L and another one is of

B/S. If your B/S account is maintained with open item management,

you can clear the same through F.13.

Regards

Chandrasekaran A

[Former Member]

Hi Chandrasekaran A,

Thanks for your information.

Yes, we can clear from F.13.

But the question is instead of using F.13, can the system clears both the documents immediately after posting reversal entry.

Thanks and Regards

Swamy. M

[Former Member]

Hi All,

Can anybody please provide your thoughts on this.

Regards

Swamy. M