Chart of Accounts - Reval. (Currency) option

[EricAlo]

Hi,
I'm trying to find out the purpose of the "Reval. (Currency)" option in the Chart of Accounts.
I have a test db with LC = CAD and SC = USD and I don't see any impact when I select or not this option.
Regardless if this option is selected or not, I'm able to run the conversion difference.
The help file definition is not much help and can't find anything on the web.

Thank you

[EricAlo]

I'll close this thread.
I finally figure it out by trial and error and testing since I can't find any documentation.

Basically, this is to flag the account if you want to generate revalued financial reports.
If you don't select this, the account will have an empty value on the revalued amount column of the financial report.

This is useful if you want to create a financial report based on another currency.
This is useful for translation to a reporting currency since you can specify different rates (eg. average rate, fixed rate, etc).

Screenshots below.

[JesperB1]

My apology, the Note has been retired, but I see you have found the information and there seems to have been various threads posted on this topic.

[EricAlo]

Hi Jesper,

Thank you for the reply.
However, I can't open both links.

The first link says "The site can't be reached".

I clicked on the second link and it say: SAP Note/KBA 856368 has been removed.

Thank you

[JesperB1]

This Note might be useful:

856368 - Fixed Exchange Rate Used in Journal Entry

https://launchpad.support.sap.com/#/notes/856368