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Other Questions
Thanks for reaching out to us regarding this Currency Revaluation concern, Peter.
Currency revaluation records the currency valuation from the exchange rate fluctuations. If the results are not accurate, you can simply delete the home currency adjustment journal entry, then re-run the Revalue Currency procedure.
Here's how:
- Go to Settings ⚙.
- Select Currencies under LISTS.
- For the currency in question, choose Revalue currency from the dropdown under Action.
- Click the Revalue history tab.
- Open the one you want to delete.
- Hit More at the bottom, then Delete from the resulting popup menu.
I've added the following articles below for more information in managing the currency revaluation process:
- Frequently Asked Questions about Home Currency Adjustments
- Enter home currency adjustments for your foreign balances
- Enter and use your own exchange rates
If you need further assistance in managing your currency, leave a comment below. It's always a pleasure to help you here in the community.