Costpoint Help

Adjust Currency Balances

Use this screen to access General Ledger cash accounts to make adjustments to foreign currency. You can make online adjustments to bank balances for reasons such as service charges or fluctuations in the exchange rate.

You can also use this screen to see your General Ledger cash accounts expressed in both your company's functional currency and the currency in which the account is denominated.

Before you use this screen, you must have first set up the bank and Electronic Funds Transfer (EFT) information on the EFT Bank Info subtask of the Manage Company Bank Accounts screen.

Warning: You must have the correct bank abbreviations linked to the cash accounts before you post any cash transactions. This allows easier bank reconciliations when working with multiple currencies.

Related Topics:

Display the Adjust Currency Balances Screen

You access the Adjust Currency Balances screen from the Accounting domain.

Contents of the Adjust Currency Balances Screen

Use the fields and options to configure the Adjust Currency Balances screen.

Subtasks of the Adjust Currency Balances Screen

The Adjust Currency Balances screen has the Adjust/Revalue and Reversal subtasks.

Parent Topic:

Bank Account Management