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VT Transaction+

Navigation: Multi-currency accounting

Tracing exchange gains and losses

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It is impossible to ascertain where exchange differences have come from by examining the translation differences account (which should anyway have a zero balance at the date of the last revaluation). Instead, you should examine the entries in the exchange differences account in the profit and loss account. This account contains two types of automatic entries:

Currency revaluation entries (CRV). The full detail behind these amounts can  be seen by displaying the CRV transaction (click on the CRV number) and then by clicking on the Revaluation report tab

Gains and losses on exchanges of currency at rates other than those set up in VT Transaction+. These need to be examined transaction by transaction