RM848.00
AutoCount V2 Module: Unrealized Gain Loss
Price RM848.00
Brand AutoCount
Availability 10
Quantity
Description
Highlight
  • Method 1: Foreign Currency Revaluation
  • Auto-generate Journal Entries of unrealized Gain/Loss
  • Effects on subsequent revaluation
  • Method 2: Unrealized Gain/Loss
  • Reverse of Journal Entry
  • Effects on subsequent revaluation

Description

This is the same as Foreign Currency Revaluation, which is to revaluate all the outstanding transactions in foreign currency, and to find out if there is any unrealized gain/loss according to current exchange rate.

The difference is: each revaluation will also auto generate the journal entries should there is unrealized gain/loss, but the entries will be reversed on the next day; which means the original (initially traded) exchange rate will remain and be recognised and compared with the subsequent revaluation or payments.

This menu is available only when Advanced Multi Currency module is enabled.

 

What it is for?

This menu is meant to produce unrealized gain/loss of foreign exchange rate and generate temporary journal entries.

 

Key Features

  • Method 1: Foreign Currency Revaluation
  • Auto-generate Journal Entries of unrealized Gain/Loss
  • Effects on subsequent revaluation
  • Method 2: Unrealized Gain/Loss
  • Reverse of Journal Entry
  • Effects on subsequent revaluation

 

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