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Can I revalue accounts that are flagged to "Report in local currency only"?

If an account is not OIM and within T030H revaluation range and has foreign currency balances that should be revalued however it is also flagged as an account that should "Report in local currency only" - is there a revaluation programme that could be run for these accounts?

If not to rectify the situation do I need to clear out the account to zero, untick the "report in local currency only" flag and re-enter the open transactions?

Thanks for your help

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