Select this option if the account is a monetary account. Monetary accounts are revalued by using the exchange rate of the ...

Select this option if the account is a monetary account. Monetary accounts are revalued by using the exchange rate of the date that is entered in the To Date field in the Foreign currency revaluation page. If this option is cleared, the balance in the account is revalued by using the exchange rate as of the transaction date. This field is available only for accounts that have a main account type of Balance sheet, Asset, Liability, or Equity, and that have the Foreign currency revaluation option selected.
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