Revaluation accounting entry

[ratnalusantosh]

Hi,

Client is taken a loan 10000 us dollar at currency rate 47 and now 48 when i GL revaluate what accounting entry will come and where i have to see the accounting entries

Please any one replay

Thanking you
santosh

[umamahesh_jv]

Hi Santhosh,

When u run GL revaluate program it automatically creates journal entry with the values you specified in account high and low in revaluation program.You can see the entry by querying the jounal name given in the revaluation report.
Hope it cleares ur doubt.

Regards
Mahesh

[hiszaki]

Hi santosh

You can see this journal after following the Mahesh scenario in the journal form with category revaluation.

Thanks
Hisham Zaki

[pinnaka.financial]

hi
santosh
that revalution entry will generate automatically in journal form

ift is loss then
loss A/c Dr
To Liability A/c

if it is gain it may reverse

thanks
Narayan

[krishnareddy.erp]

Hi,
Narayan can u tell me what are the journak entries occured in the process of Revaluation.

Pls consider as urzent




Thanks in Advance,
krishna

[pinnaka.financial]

hi
krishna

i was already given the answer for that question
plz find that