Revalue a currency

You can revalue your currencies against the exchange rate that applied on a particular date in the past. This concerns revaluing the balance accounts in foreign currencies (only ledger accounts of type = 1. Assets or 2. Liabilities) and outstanding items for debtors/creditors.

To revalue a currency:

  1. Go to: Financial / Management / Revaluate currency.
  2. In Use rate of, select the date of the exchange rate that you want to use for the currency revaluation The exchange rate cannot be more than one year ago.

    Fin_Valuta herwaarderen (10)

Directly to

  1. Configure currencies
  2. Record the administration settings
  3. Add a currency
  4. Change the number of decimals for a price in a currency
  5. Add international debtors and creditors
  6. Add international bank account numbers and journals
  7. Manage currency links centrally
  8. Add current rates
  9. Revalue a currency
  10. Post a financial entry in a currency