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    • How to recalculate a foreign currency balance at the end of the year?
    Foreign currency balances can be recalculated based on the exchange rate of a selected date. The system allows selecting which corresponding accounts should be included in the recalculation. To perform the recalculation, go to General Ledger → Exchange rate cenversion: Select the corresponding account(s) for which the recalculation should be performed (you can choose multiple).Enter the date for which the recalculation should be performed (for example, the last day of the year).Click the “Recalculate” button. When the recalculation is completed, foreign currency balances are updated according to the exchange rate of the specified date.
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    Accounting Software

    How to recalculate a foreign currency balance at the end of the year?

    Foreign currency balances can be recalculated based on the exchange rate of a selected date. The system allows selecting which corresponding accounts should be included in the recalculation.

    To perform the recalculation, go to General Ledger → Exchange rate cenversion:

    • Select the corresponding account(s) for which the recalculation should be performed (you can choose multiple).
    • Enter the date for which the recalculation should be performed (for example, the last day of the year).
    • Click the “Recalculate” button.

    Currency exchange rate recalculation window for selected date

    When the recalculation is completed, foreign currency balances are updated according to the exchange rate of the specified date.

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