Treasury- Accounting for Realized Gain/loss on SEL
Posted: Fri Oct 05, 2007 8:42 am
Treasury recognize realized gain/loss only on revaluation. However We are not doing revaluation. We want to create journal through standard journal process in treasury for realized gain/loss at the time of sell. At the time why revaluation is required to be done???
Without doing revaluation, treasury should create journal entry for realized gain/loss.
Please suggest the required Setups.
Thanks in advance.
Without doing revaluation, treasury should create journal entry for realized gain/loss.
Please suggest the required Setups.
Thanks in advance.