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Why does Currency Revaluation (Base Currency Adjustment) have no reversal entry?

edited Jun 2, 2025 2:31PM in Ask A Guru 2 comments

Hi everyone, good day!

I'm not that really familiar with Currency revaluations and I have a question that I just need confirmation on.

Regarding a Currency Revaluation (Base Currency Adjustment), I am wondering why there is no reversal entry created for this type of currency revaluation.

Is this the standard behavior?

Thank you!

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