Dear Guru's
Regarding foreign currency valuation , in transaction OBa1 , we assign accounts for realized gain/loss & accounts for unrealized gain/loss & an adjustment account we do this for every reconciliation account,what i need to know is how this concept works in terms of why do we need unrealized gain/loss accounts for example? i need to understand why we enter all these accounts (business-wise) & i would really appreciate it if it was in journal entries example as well,Thx a lot guys.
Regards
H.emam