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NSC | How is Unrealized Gain/Loss Currency Revaluation calculated in other Balance Sheet Accounts?

edited Jun 2, 2025 2:37PM in Accounting / ERP

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

Patrick Fresnosa | Advanced Accounting | SRP | Ask a Guru

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