finance

fx-revaluation

Applies IAS 21 period-end foreign currency revaluation to receivables, payables, and cash balances.

Retranslate all open foreign currency monetary items at the period-end closing rate per IAS 21. Posts a net FX gain/loss journal entry for the period. Keeps the balance sheet accurate when the company transacts in currencies other than AED.

Difficulty: beginner
Input: data
Output: spreadsheet
Needs: none
Used by: Finance Manager

What it needs

period_id
fx_rates — Closing FX rate table for the period.

What you get

fx-revaluation-je (markdown)
fx-summary (markdown)
revaluation-summary (markdown)

Ask it like this

FX revaluation
month-end revaluation
year-end revaluation
unrealised FX differences.