Skip to Content

Chart of Accounts - Reval. (Currency) option

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

reval-currency.png (19.7 kB)
Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

4 Answers

  • Posted on May 11 at 03:10 PM
    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on May 11 at 04:37 PM

    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

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on May 11 at 10:08 PM

    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.


    reval-currency.png (285.5 kB)
    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on May 12 at 02:00 PM

    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.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.