Use this report to print a summary of the foreign exchange losses and gains for general ledger transactions, as at a specified date.
This report is for your information only. You must enter general ledger journals to reflect the difference in exchange rates in your financial reports.
This information displays for each general ledger account:
The report summarises information and displays sub-totals by currency, and also prints a grand total for local historical value, local current value, and exchange variance.
If monetary accounts are in use, you can filter this report by accounts flagged as monetary items, with the option to use the spot rate for conversion instead of the closing report rate.