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  • Revaluation of assets

    Good day, I performed a revaluation of my assets as at 31 December 2021 in the Fixed Asset Module but the prior accumulated depreciation amounts still appear. What is the correct way to correct this since all the prior acccumulated depreciated needs to…

  • Foreign Bank Account Revaluation Wizard

    The tutorials and help articles for this topic all state that once a foreign bank account is revalued with a new FX rate - any transactions PRIOR to the revaluation date will also be effected. Does anyone know how FAR back this revaluation will go? I…

  • Foreign Currency Revaluation should work Retrospectively - on behalf of Debar Ltd

    The FC Revaluation does not reflect when transactions are part allocated or fully unallocated at the Revaluation Date so the routine is not working retrospectively. PL transactions posted in December 2021, payments made 6th January 2022, Revaluation…
  • Wonder what the Conversion Variance is?

    Wonder what the Conversion Variance is?

    You were going through your close and happened upon the Conversion variance function under Financials, Closing processes. Did you wonder what that function was? Well, wonder no more because we are going to explore the mechanics of running the Conversion…

  • Revaluation in SAGE 200

    Hi All, Please could someone help me out? I would like to run simple monthly revaluations on customers, suppliers and bank accounts. On SAGE 200 we are trying to use the revaluation section and it is not pulling through to our accounts - it pulls…

  • Errors after update to v12.0.23, X3

    Hello Everyone, we tried to update X3 to the final version 12.0.23. but just the X3 folder was updated and the other folder was not updated. and now we get errors like this: and most of these source files are not in the TRT folder ??

  • Is there any parameter that controls (enables / disables) Fixed Asset revaluation provision reversal entries?

    While running depreciation after revaluation of Fixed asset, Sage X3 is adding new lines in Depreciation Journal automatically to reverse the Revaluation reserve provision created while posting Revaluation. I would like to know whether this is something…

  • Year-end Series - How do I process a Foreign currency revaluation?

    • https://youtu.be/K9s45yDNNYo
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  • Ability to revalue foreign currency debtors and creditors at the closing month end rate

    FormerMember
    FormerMember
    As per IFRS accounting standards, you are required to revalue foreign currency monetary items, i.e. debtors and creditors each month end to the closing spot rate rather than the spot rate which the original transaction was booked at. Sage does not have…

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