Revaluation in GL(EBS R12)

By

 

 

 

 

 

USD

 

 

INR

 

Exchange rate

Dr

Cr

DR

Cr

65

15-Dec-17

 Item Expense

 

1000

 

 

65000

 

 

 

 

Payables

 

1000

 

 

65000

 

 

67

31-Dec-17

Un realized gain r loss

 

 

 

2000

 

 

 

 

Payables

 

 

 

 

2000

 

 

 

Post Dec Close the balance is

67000

 

 

Reverse

01-Jan-18

Payables

 

 

 

 

 

2000

 

 

 

 

Unrealized

 

 

 

 

2000

 

 

 

Net Liability

65000

 

 

64

10-Jan-18

Payables

 

 

1000

 

 

65000

 

 

 

 

Bank

 

 

 

 

 

64000

 

 

 

Realized gain r loss

 

 

 

1000



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