General description
- This option is used to set the securities revaluation exchange gain/loss policy.
- SECURITY ACCOUNT POLICY: this selection means that the foreign currency revaluation policy will be conditioned by the revaluation principle selected at the General Ledger account level (chart of account)
- NO REEVAL: No exchange gain or loss will be considered on foreign currencies
- MARKED TO MARKET: All exchange gains and losses will be accounted for
- LOCOM: Lower of cost or market: exchange losses are recognized in profit and loss and exchange gain are ignored
- LOCOM DEFERRED: lower of cost or market but exchange gain would be
- To update the information, please click on the “Update” button.