Net Change Method
For accounts payable, this method does the following:
- Updates AP_UNREAL_G_L_HS with data for the voucher. You can query this by the VCHR_KEY.
- Posts a journal entry that debits or credits the Open AP account/organization, as required, and debits the unrealized loss account and/or credits the unrealized gain account using either the AP organization or a specific organization. The organization settings and the unrealized gain and loss accounts are set up on the Manage Multicurrency Accounts screen.
- Updates MU_UNREAL_GAIN (with a credit) or MU_UNREAL_LOSS (with a debit) in OPEN_AP.
Costpoint does not create a reversing journal entry under the Net Change method.
For accounts receivable, this method does the following:
- Updates AR_UNREAL_G_L_HS with data for the invoice. You can query this by INVC_ID.
- Posts a journal entry that debits or credits the AR account/organization, as required, and debits the unrealized loss account and/or credits the unrealized gain account using either the AR organization or a specific organization. The organization settings and the unrealized gain and loss accounts are set up on the Manage Multicurrency Accounts screen.
- Updates MU_UNREAL_GAIN (with a credit) or MU_UNREAL_LOSS (with a debit) in AR_HDR_HS.
Costpoint does not create a reversing journal entry under the Net Change method.
Parent Topic: Posting Unrealized Gains/Losses