This option will revalue multi-currency VAT accounts. All VAT accounts that have a revalue 'Y' flag set on the Nominal Ledger can be revalued. There is the facility to produce a 'Trial' revaluation if required or a detailed analysis of differences.
To revalue multi-currency VAT accounts:
From the Autoline master menu select the Nominal Ledger option and the company you require.
Select the VAT options option.
Select the Currency revaluation option.
The Currency Revaluation form is displayed.
Posting/Cut off date: Enter the posting cut-off date of transactions to be revalued.
Tip: Click the 
button. This gives you access to a Calendar to help you make your choice.
Vat Control Account: Enter the VAT control account to be
revalued. A blank presumes all VAT control accounts. There is a
search option here, available by clicking the
button.
Currency Code: Enter the correct currency code to be revalued.
There is a search option here, available by clicking the
button. A blank presumes all currency codes.
BUTTONS
Exit: Returns you to the NL VAT menu.
Print Summary: Gives a summarised list showing the total of the currency amount to be revalued, the old base value, the new base value and the difference to be posted to the currency difference account.
Note: This is for information only and does not make any postings. After processing, the user is prompted to continue or Reprint.
Print Detail: Lists all transactions which meet the revaluation criteria. Details on this print include the original daybook number, posting date, old base value, the new base value and the difference to be posted to the currency difference account. After processing, the user is prompted to continue or Reprint.
Note: This is for information only and does not make any postings. When the Print Detail run has finished, you are presented with the options to Exit or Re-print. Click the Exit button to return you to the previous screen to select another currency. Click on the Re-print button if you require a secondary print.
Revalue Accounts: Lists all transactions which meet the revaluation criteria. A daybook will be processed immediately, therefore a printer must be available and on line. The NL will be updated immediately eliminating the possibility of duplicating the revaluation. After processing, the user is prompted to continue or Reprint.
Help: Displays help on the current application in your default company browser.
