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Revaluation Entry explanation

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edited Sep 13, 2019 3:56PM in General Ledger & Intercompany 11 comments

Summary

Revaluation entry created even through no balance?

Content

Hi,

Trying to figure out why a revaluation journal was created even though there was no balance in the account combination at all. Since it happened a few months back, cannot retrieve the log file/output file of the Revaluation process. When we went live, there was no balance in the Reporting Ledger USD for this particular account. However, when the Revalaution ran, there was an entry created in this Reporting ledger.

BEGIN_BALANCE_DR_BEQ:    0

BEGIN_BALANCE_CR_BEQ:   0

Then when revaluation ran, it created an amount of 314167.71

which is reflected in PERIOD_NET_CR_BEQ

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