You can post the exchange rate adjustment details in order to ascertain financial profits or losses caused by foreign currency conversions.

Note
The ledger accounts used to post currency conversion gains or losses must be set up in the Exchange ratesform.

1. Click General ledger> Periodic> Exchange adjustmentto open the Ledger - Exchange adjustmentform.

2. In the Accountfield, select the account number to post from in the Fromfield group.

3. In the Datefield, enter the transaction date.

4. In the Currency codefield, select the transaction currency code.

5. Select Adjust profit & loss accountsto adjust the profit or loss accounts.

6. Select Adjust balance sheet accountsto adjust the balance sheet accounts.

7. In the Accountfield, select the account number to post to in the Tofield group.

8. In the Datefield, select the transaction date.

9. In the Currency codefield, select the transaction currency code.

10. Click OKto post the exchange rates adjustment process.