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NSC | How is Unrealized Gain/Loss Currency Revaluation calculated in other Balance Sheet Accounts?
Scenario:
User wants to know how Unrealized Gains/Loss are calculated for Balance Sheet Accounts (non Accounts Payable/Receivable) in the Currency Revaluation record:
In this example, the subsidiary is using USD as a base currency.
As per SuiteAnswers ID: 15060, these are the details of the Unrealized Gain/Loss for other balance sheet account:
Account – Name of the foreign currency account
Currency – Foreign currency used for the account
Foreign Currency Balance – Account balance denominated in foreign currency
Base Currency Balance – Accumulated account balance in base currency based on historical transactions
Note: The unrealized currency revaluation of accounts is on a
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