Run the Gains/Losses and Revaluations Process
If your enterprise uses multiple currencies, you can calculate and post currency exchange gains and losses in accordance with your enterprise's accounting practices.
Vantagepoint automatically posts realized gains and losses from foreign currency transactions when you settle the transactions.
If you have multiple accounting periods open, you should run the Gains/Losses and Revaluations process for an earlier period before you post a cash receipt transaction file or start a payment processing run in a later period. If you do not do this and the cash receipt posting or payment processing is done on a foreign currency transaction in a later period, the gains/losses and revaluations for the earlier period will not be calculated correctly.
To run the Gains/Losses and Revaluations process:
Parent Topic: How to...