Transactions › Financial

Foreign Currency Revaluations

Restate foreign-denominated balances at the period-end exchange rate and post the resulting unrealized gain or loss to the general ledger.

Revaluation criteria

Posting periodSubsidiaryAccounting bookRevaluation dateRates are read from the currency exchange rate table on this date.Journal entry dateGain/loss account

Include unrealized gains as well as lossesReverse the journal entry on the first day of the next periodInclude zero-balance accounts

Balances to revalue

12 accounts5 currenciesRates as at 08/31/2026

Account	Currency	Foreign Balance	Historical Rate	Current Rate	Revalued Balance	Unrealized Gain/Loss
1100 Accounts Receivable	EUR	€ 128,400.00	1.0842	1.1035	$141,689.40	+$2,478.12
1100 Accounts Receivable	GBP	£ 74,250.00	1.2614	1.2788	$94,950.90	+$1,291.95
1100 Accounts Receivable	CAD	C$ 96,800.00	0.7381	0.7264	$70,315.52	$-1,132.56
1100 Accounts Receivable	AUD	A$ 58,900.00	0.6592	0.6710	$39,521.90	+$695.02
1010 EUR Operating Cash	EUR	€ 342,750.00	1.0908	1.1035	$378,224.63	+$4,352.93
1020 GBP Operating Cash	GBP	£ 188,400.00	1.2705	1.2788	$240,925.92	+$1,563.72
1030 JPY Operating Cash	JPY	¥ 24,800,000	0.0067	0.0064	$158,720.00	$-7,440.00
2000 Accounts Payable	EUR	€ 91,300.00	1.0876	1.1035	$100,749.55	$-1,451.67
2000 Accounts Payable	GBP	£ 46,700.00	1.2732	1.2788	$59,719.96	$-261.52
2000 Accounts Payable	JPY	¥ 15,400,000	0.0066	0.0064	$98,560.00	+$3,080.00
2400 Intercompany Payable	CAD	C$ 132,500.00	0.7325	0.7264	$96,248.00	+$808.25
2400 Intercompany Payable	AUD	A$ 67,900.00	0.6648	0.6710	$45,560.90	$-420.98
Total — 12 balances, Wexbourne US, Primary Accounting Book					$1,525,186.68	+$3,563.26

Posting creates one journal entry dated 08/31/2026 debiting or crediting each account above against 7050 Unrealized Gain/Loss, with an automatic reversal on 09/01/2026.