In StrideERP, you can make accounting entries in multiple currencies. For example, if you have a bank account in a foreign currency, you can make transactions in that currency and the system will show bank balance in that specific currency.

The purpose of Exchange Rate Revaluation master is to adjust the balance in General Ledger accounts according to any changes in the currency exchange rates. This is useful when you are closing your accounts books and want to update your Company's GL accounts by bringing in the money from other currency accounts.

1. Pre-requisite

No Pre-requisite required

2. How to enable Exchange Rate Revaluation

To access the Exchange Rate Revaluation list, go to:

Finance > Basics > Exchange Rate Revaluation

Exchange Rate Revaluation feature is for dealing with the situation when you have accounts with different currencies in one Company's Chart of Accounts.