Contents of the Create Revaluation Entry Screen

Use the fields and options to configure the Create Revaluation Entry screen.

Identification

Use the fields in this block to create a new parameter ID or to retrieve a previously saved parameter ID. A parameter ID represents a set of screen selection parameters. After you have saved a parameter ID and its related parameters, you can retrieve them using Query.

You can use the retrieved parameters to produce reports and run processes more efficiently and with greater consistency. The saved parameters are also useful and necessary when you want to run the process as part of a batch job. Many users save a unique set of parameters for each different way they run a report or process. When you select a previously saved parameter ID or parameter description, the associated saved screen selection parameters automatically display as selection defaults. The page setup and print options, if there are any, are also included in the saved parameter ID. You can change any of the associated selection defaults as necessary.

Field	Description
Parameter ID	Enter, or click to select, a parameter ID of up to 15 alphanumeric characters. Choose characters for your parameter ID that help identify the type of selections you made on the screen, such as PERIOD or QUARTERLY. When you save your record, all the selections made on the screen are stored with the parameter ID. Later, you can retrieve the parameter using Query. You can use the parameter to run the process more efficiently because you can select the parameter ID with its previously defined screen selections. After the default selections display on the screen, you can override the defaults.
Description	Enter, or click to select, a parameter description of up to 30 alphanumeric characters.

Period to Revalue

Use the fields in this block to specify the fiscal year, period, and subperiod that you wish to revalue.

Field	Description
Fiscal Year	Enter, or click to select, the fiscal year for which you want Costpoint to create the revaluation entry.
Period	Enter, or click to select, the accounting period for which you want Costpoint to create the revaluation entry. Note: The revaluation is a year-to-date process. It includes data recorded up to and including the selected period. Along with the revaluation entry, Costpoint also creates another journal entry that reverses the revaluation entry. If you choose to post the revaluation entry, you must also post the reversing entry.
Subperiod	This field displays the last subperiod in the accounting period.
End Date	This field displays the subperiod ending date.

Account

Use the fields in this block to specify the balance sheet accounts that you want to revalue.

Field	Description
Range Option	Use this drop-down list to select the range of accounts that you want to revalue. Valid options are: All: Select this option to include all accounts. The From and To fields are disabled for this option. This is the default. One: Select this option to include only one account and then enter that account number in the From field. The To field is disabled for this option. Range: Select this option to include a contiguous range of accounts. Enter the beginning account number for the range in the From field and enter the ending account number of the range in the To field. From Beginning: Select this option to include a range of accounts that begins with the first of all the available account numbers and ends with the account number that you enter in the To field. The From field is disabled for this option. To End: Select this option to include a range of accounts that begins with the account number that you enter in the From field and ends with the last of all the available account numbers. The To field is disabled for this option.
From/To	Enter, or click to select, the starting and/or ending account numbers for the range of accounts you want to revalue. Depending on your selection in Range Option, one or both of these fields may be inactive.

Balance Sheet Organization

Use the fields in this block to specify the balance sheet organizations that you want to revalue.

Field	Description
Range Option	Use this drop-down list to select the range of organizations that you want to revalue. Valid options are: All: Select this option to include all organizations. The From and To fields are disabled for this option. This is the default. One: Select this option to include only one organization and then enter that organization in the From field. The To field is disabled for this option. Range: Select this option to include a contiguous range of organizations. Enter the beginning organization for the range in the From field and enter the ending organization of the range in the To field. From Beginning: Select this option to include a range of organizations that begins with the first of all the available organizations and ends with the organization that you enter in the To field. The From field is disabled for this option. To End: Select this option to include a range of organizations that begins with the organization that you enter in the From field and ends with the last of all the available organizations. The To field is disabled for this option.
From/To	Enter, or click to select, the starting and/or ending organizations for the range of organizations you want to revalue. Depending on your selection in Range Option, one or both of these fields may be inactive.
Rate Group ID	Enter, or click to select, the rate group you want to use for the revaluation. A rate group uses exchange rate information from one source.

Processing Options

Offset Account for Posting

Use this group box to specify the account that will be used to charge the currency gain/loss resulting from the revaluation.

Field	Description
Other Comprehensive Income	Select this option to use the Other Comprehensive Income account indicated on the Configure General Ledger Settings screen.
Unrealized Gain/Loss	Select this option to use the Unrealized Gain and Loss accounts indicated on the Manage Multicurrency Accounts screen.
Realized Gain/Loss	Select this option to use the Realized Gain and Loss accounts indicated on the Manage Multicurrency Accounts screen.

Posting Organization

Offset Account

Use this group box to specify the organization that will be used with the offset account(s) specified in the Offset Account for Posting group box. This is the organization where the system can charge the currency gain/loss resulting from the revaluation.

Field	Description
Balance Sheet Level Org	Select this option to use the balance sheet level of the organization from the account/organization being revalued.
Source Org	Select this option to use the same organization as the one used from the account/organization being revalued.

Balance Sheet Account to Revalue

Use this group box to specify the organization to use with the account being revalued. This is the organization that Costpoint will use to charge the amount needed to revalue the account to adjust it to the correct functional balance.

Field	Description
Balance Sheet Level Org	Select this option to use the balance sheet level of the organization from the account/organization being revalued.
Source Org	Select this option to use the same organization from the account/organization being revalued.