Reversing customer balance revaluation

This page allows you to reverse the customer balance revaluation. Tell me more.

Select the “Reverse Customer Balance Revaluation” link available in the “Select Voucher” page.

The “Reverse Customer Balance Revaluation” page appears.

The system displays the following in the “Original Voucher Details” group box:

Original Voucher #	The number identifying the voucher, which has to be reversed.
Revaluation Period	The financial period in which the revaluation entries have been passed.
Status	The status of the voucher.
Voucher Date	The date on which the voucher has been generated.
Finance Book	The code identifying the finance book in which the accounting entries are posted.
Control Account Type	The control account type to which the account codes are associated.

Enter the following fields in the “Voucher Details” group box:

Voucher #

A unique number identifying the journal voucher, raised after revaluation (Alphanumeric, 18). This number will be automatically generated if the “Numbering Type” in the “Document Numbering Class” business component for Journal Voucher type is not set to “Manual”. The number is displayed with the corresponding prefix and suffix of the numbering type selected in the “Numbering Type” field. The number is incremented from the last number available in the “Document Numbering Class” business component. This number is generated on reversing the customer balance revaluation.

Note: The voucher number in mandatory, if the numbering type is not set to manual.

Remarks	Any remarks pertaining to the customer balance revaluation (Alphanumeric, 255).
Numbering Type	Use the drop-down list box to select the numbering type for the login organization unit and the “Currency revaluation - Reversal” transaction voucher type. The numbering types must have already been defined in the “Create Numbering Class” activity of the “Document Numbering Class” business component and must be in “Active” status as on the Transaction date. The system displays the numbering type set as default for the transaction in the “Document Numbering Class” business component.
	You can also select “Manual” if you want to enter a unique voucher number of your own.

Enter the following fields in the “Reversal Voucher Details” group box:

Reversal Voucher #

A unique number identifying the reversal voucher (Alphanumeric, 18). This number will be automatically generated if the “Numbering Type” in the “Document Numbering Class” business component is not set to “Manual”. The number is displayed with the corresponding prefix and suffix of the numbering type selected in the “Numbering Type” field. The number is incremented from the last number available in the “Document Numbering Class” business component.

The reversal voucher number is generated on creating the voucher.

The system displays the following:

Reversal Date

The date on which the voucher is reversed. The system displays the first date of the subsequent revaluation period.

Note: The voucher date and the reversal voucher date must fall within the effective period of the account code.

Reversal Numbering Type

Use the drop-down list box to select the numbering type for the login organization unit and the “Currency revaluation -Reversal” transaction voucher type. The numbering types must have already been defined in the “Create Numbering Class” activity of the “Document Numbering Class” business component and must be in “Active” status as on the Reversal date. The system displays the numbering type set as default for the transaction in the “Document Numbering Class” business component.

You can also select “Manual” if you want to enter a unique reversal voucher number of your own.

The system displays the following in the “Revaluation Information” multiline:

Account #	The code identifying the account.
Currency	The account currency of the account code.
Exchange Rate	The code identifying the exchange rate of the currency.
Balance In Account Currency	The balance amount in the account currency of the account.
Balance In Base Currency	The account balance in the base currency.
Revalued Balance In Base Currency	The account balance in the base currency after revaluation The system calculates the revalued balance in base currency as Balance in Account Currency * Exchange Rate.
Exchange Gain/Loss In Base Currency	The exchange gain or loss in base currency after translation. The system displays the difference between the revalued balance in base currency and the balance in base currency.
Exchange Gain/Loss In %	The exchange gain or loss in percentage after computation. The system calculates the exchange gain or loss as follows:
	Exchange gain/loss in % = (exchange gain/loss in base currency / balance in base currency) * 100.
Cost Center	The cost center to which the entries are posted.
Analysis #	The analysis code to which the selected account is mapped in the "Assign Analysis Code" activity of the "Account Based Budgeting" business component.
Sub Analysis #	The sub-analysis code, which is mapped to the analysis code in the "Assign Sub-analysis Code" activity of the "Account Based Budgeting" business component.
Balance In parallel Base Currency	The account balance in the parallel base currency of the company.
Revalued Balance In Parallel Base Currency	The account balances in parallel base currency after revaluation. The system calculates the revalued balance in parallel base currency as Balance in Account Currency * Exchange Rate.
Exchange Gain/Loss In Parallel Base Currency	The exchange gain or loss in parallel base currency after translation. The system displays the balance in parallel base currency after revaluation due to exchange rate variance. The system displays the difference between the revalued balance in base currency and the balance in base currency.
Exchange Gain/Loss In %	The exchange gain or loss in percentage after computation. The system calculates the exchange gain or loss as follows:
	Exchange gain/loss in % = (exchange gain/loss in parallel base currency / balance in parallel base currency) * 100.
Account Description	The textual description pertaining to the account code.

The system displays the following below the multiline:

Balance in Base Currency	The total of the balance in base currency for all the accounts in the multiline.
Revalued Balance in Base Currency	The total of the revalued balance in base currency for all the accounts in the multiline.
Exchange Gain/Loss In Base Currency	The total of the exchange gain/loss in base currency for all the accounts in the multiline.
Balance in Parallel Base Currency	The total of the balance in parallel base currency for all the accounts in the multiline.
Revalued Balance in Parallel Base Currency	The total of the revalued balance in parallel base currency for all the accounts in the multiline.
Exchange Gain/Loss In Parallel Base Currency	The total of the exchange gain/loss in parallel base currency for all the accounts in the multiline.

Click the “Reverse Revaluation” pushbutton to reverse the customer balance revaluation.

The system generates a unique number for the voucher that reversed the original voucher, based on the numbering type specified.

The system automatically generates a reversal voucher number for the voucher generated, on the first day of the succeeding financial period and generates a unique reversal voucher number.

The system generates a voucher to reverse the original revaluation entry that is passed for the revaluation period.

The system updates the status of the original voucher to “Reversed” after reversal.

The system updates the status of the account code to “Not Revalued”.

The system updates the login ID of the user to the last modified by and the system date to the last modified date. The system also displays the creation details of the revaluation run.

The system displays the following:

Created By	The login ID of the user who revalued the customer balance adjustment.
Created Date	The date on which the customer balance adjustment was revalued.
Last Modified By	The login ID of the user who reversed the customer balance revaluation.
Last Modified Date	The date on which the customer balance revaluation was reversed.

To proceed, carry out the following

Select the “Accounting Information” link at the bottom of the page to view the accounting information details.
Select the “Attach Notes” link at the bottom of the page to attach notes.

Reversing customer balance revaluation – An overview

The system displays the original voucher details whose entries are to be reversed. You can specify the number identifying the voucher or the numbering type based on which the voucher number is automatically generated by the system. This page also allows you to specify the number identifying the reversal voucher or the numbering type based on which the voucher number is automatically generated by the system. The system displays the revaluation information in the multiline. The system also displays the total of all the balance below the multiline.

The system generates a unique number for the voucher that reversed the original voucher, based on the numbering type specified. The system automatically generates a reversal voucher number for the voucher generated, on the first day of the succeeding financial period and generates a unique reversal voucher number. The system generates a voucher to reverse the original revaluation entry that is passed for the revaluation period. The system updates the status of the original voucher to “Reversed” after reversal. The system updates the status of the account code to “Not Revalued”. The system updates the login ID of the user to the last modified by and the system date to the last modified date. The system also displays the creation details of the revaluation run.