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sc38
March 21, 2021
Question

AR Revalue balance

  • March 21, 2021
  • 1 reply
  • 0 views

Hi Team,

 

I have an AR revalue open balance of $5.48 as below, please see below.

Appreciate you could advise how do i clear this open balance. Thanks. 

1 reply

Rajanikanth
Rajanikanth
April 1, 2021

Hi, sc38

Note that $5.48 is in home currency and no open balance in foreign currency 

since you revalue the A/R it resulted in an Unrealized gain of $5.48 

Note: The exchange gain/loss is unrealized until you save the adjustment, 
To record a realized gain or loss, click Save and the adjustment will be reflected in the
financial reports.

 

Feel free to contact me for any clarifications.

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