Unrealized Losses Acc. Field, Currency Table
Specifies the number of the general ledger account to which unrealized exchange rate losses will be posted when the Adjust Exchange Rates batch job is run.
The Adjust Exchange Rates batch job can create unrealized exchange rate losses, which the program posts to the G/L account specified in the Unrealized Losses Acc. field. When payment is later posted and applied, the program will:
Reverse the unrealized exchange rate loss posted to the unrealized losses account.
Post any realized gains/losses to the accounts you specified in the Realized Losses Acc. or the Realized Gains Acc. field in the Currency table.
G/L accounts are in LCY. You can use the same account for unrealized exchange rate losses for all currencies because the program converts the different currencies to LCY when posting to the general ledger.
To see the account numbers in the G/L Account table, choose the field.
Before you can enter an account number in this field, you must set up the account(s) for unrealized exchange rate losses in the G/L Account table.
Tip
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Parent Tables
| Table | Location |
|---|---|
| Currency Table | General Ledger |
| Currency Table | General Ledger |