Foreign Bank Adjustment

Setup

1. Go to GL > Foreign Bank Adjustment > Create New > Click Bank Revalue

   

2. In Revalue windows > Select Bank Account Code & Date

   

3. balance USD & local amount are shown as per ledger report

   

4. Enter the Revalue to currency rate, system will auto recalculate the

   • new local balance amount
   • Gain/Loss Amount

   

5. Click OK

   

6. System will auto post the double entries

   

7. Click Save

8. Please check the ledger for the adjustment post