Currency Gain/Loss Calculation

niimodin
niimodin Member Posts: 142
edited 2009-08-11 in NAV/Navision Classic Client
Hello Experts
I want to know how Navision computes the Currency/Gain.
I have already done the setup.
I want to understand how the calculation is done
Thanks

Comments

  • reema
    reema Member Posts: 255
    Unrealized Gain / Loss is created based on the outstanding payment by Currency Revaluation function. The Unrealized Gain/Loss entries will be created in the Detailed Cust. Ledg. Entry table with Entry Type equal to Unrealized Gain or Unrealized Loss. When actual payment is received, the Unrealized Gain / Loss entries will be reversed and replaced with Realized Gain / Loss entries.
    reema
  • niimodin
    niimodin Member Posts: 142
    Thank you.

    So when u apply a payment in FCY to an invoice in LCY and a gain/Loss is posted into the G/L account. How is it calculated.
  • Deep
    Deep Member Posts: 569
    That is the diffference of exchange rate of FCY with respect to LCY between transaction rate and current rate. (current rate as on date of payment or exchange rate adjustment).
    Regards,

    Deep
    India
  • niimodin
    niimodin Member Posts: 142
    Thank you very much

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