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  • Table of Contents:

    How to adjust currency fluctuations, create a correction record?
    General ledger → General journal Correction entries are used to fix calculation errors, for example: the USD bank account balance on 31.12.2025 is 100 USD, the USD exchange rate is 1.05, but the amount in euros should be (100 / 1.05 = 95.24). The balance in accounting at the end of the period is 95.23. To correct this one-cent difference, a "Currency Revaluation Entry (EUR)" is recorded — only the amount in euros is adjusted; the amount in USD remains unchanged. Fill in the required fields (the corresponding accounts provided are examples) and save the entry.
    FAQ
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    Currency exchange rate range
    Accounting Software

    How to adjust currency fluctuations, create a correction record?

    General ledger → General journal

    Correction entries are used to fix calculation errors, for example: the USD bank account balance on 31.12.2025 is 100 USD, the USD exchange rate is 1.05, but the amount in euros should be (100 / 1.05 = 95.24). The balance in accounting at the end of the period is 95.23. To correct this one-cent difference, a "Currency Revaluation Entry (EUR)" is recorded — only the amount in euros is adjusted; the amount in USD remains unchanged.

    Currency correction entry creation window

    Fill in the required fields (the corresponding accounts provided are examples) and save the entry.

    Currency correction entry creation window


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