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Multicurrency average revaluations

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BobCraig

IS-IT--Management
May 10, 2004
3
US
We have had multicurrency setup for some time and the exchange rates appear to be setup correctly. We are using average exchange rates. When we change the avg exchange rate and run the Revaluation Journal we get a different "avg exchange rates" on the report for every account. Is the system looking at every transaction in the account and comparing the exchange rate when the transaction was entered and then recalculating each transaction to come up with the average for the account?

We are running version 7.00g12
 
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