What Happens if the Document is Still Open in the Next Period? 

This process step is optional. If it is executed, the numbers in example 4 will change. Revaluation Method I is only valid for the European data and North American data (Method I). Revaluation Method II is only valid for North American data (Method II).

If you choose to execute this step, you only need to rerun the program explained in the section called Foreign Currency Revaluation of Open Payables and Receivables. If you want to do this step, use the data of the list below.


Field


Europe

North America
Method I

North America
Method II

Balance sheet key date

last day of period 2

last day of period 2

last day of period 2

Posting date of the posting

last day of period 2

last day of period 2

last day of period 2

Reverse posting date

    

first day of period 3

Document Number

Invoice to be revaluated

Invoice to be revaluated

Invoice to be revaluated

Make sure that you have different exchange rates entered in each period for exchange rate type M and B.

 

Revaluation Method I:

If you are following the European Data or North American Revaluation Method I, an accrual was made at the end of the prior period. No reversal of that accrual was executed at the beginning of the next period. As a result, if the item is still open at the end of the next period, then when the revaluation program is run it will only post the delta between the revaluation value of the two periods.

Revaluation Method II:

If you are following North American Revaluation Method II, an accrual was made at the end of the prior period. In addition, a reversal of that accrual was posted at the start of the next period. As a result, if the item is still open at the end of the next period, then when the revaluation program is run it will repost the full revaluation value as an accrual again.