Gains and Losses

If you use multiple currencies, you can calculate and post currency exchange gains and losses. Vantagepoint automatically posts realized gains and losses from foreign currency transactions when you settle the transactions. To calculate and post other currency exchange gains and losses, use the Gains/Losses and Revaluations process.

Gains and losses that result from consolidated reporting are calculated as part of the consolidation process, not by the Gains/Losses and Revaluation process.