Where is the Old Rate figure derived from when I revalue a foreign amount

Summary

When I revalue a foreign account in the Sage 200 software I am presented with an Old Rate field, where does this figure come from?

Resolution

This is a calculation based on the figures on the Foreign Account Revaluation screen. Balance in the Account Selection section (CurrentBalanceInAccntCurrency) is divided by Old Balance in the Currency Details section (CurrentBalanceInBaseCurrency) to give the Old Rate.

Solution Properties

Solution ID
200427112525194
Last Modified Date
Thu Jun 08 09:02:29 UTC 2023
Attributes
Product Details
Modules: Inventory Optimization
Modules: Project accounting
Modules: Bookkeeping for clients
Views
0