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Revaluation is changes in the value of a country's currency relative to other currencies.  Transactions can be made in different currencies. A company can make purchases in foreign currency, whereas their Functional Currency is the home currency. 

Pre-condition:

1. Setup the Company Configurations. The Default Types and Unrealized and Unrealized and Realized gain or loss accountdefault account.   System Manager > Company Configuration > Multi-Currency.
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2. Assign the current exchange rates of the foreign currency to functional currency.
   Go to Common info > Currency Exchange Rate.
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3. Close the period to be revalue. Go to Fiscal Year > Open the Fiscal Year of the period to revalue > Close the period of the module.

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