Currency Unrealized Gain/Loss

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This report shows the money each foreign currency account has made or lost as a result of exchange rate fluctuations that have affected sales and purchases you've made. Gains and losses occur when the exchange rate used when paying for a purchase differs from the rate used for the purchase itself, for example. Gains and losses are realized only when the transactions (either sales or purchases) are fully paid for and closed.

Note: This report is available only if you're using AccountEdge's Multicurrency feature.

To find this report:
Index to Reports window
> Accounts Tab > Currency Header

More Details about the Currency Unrealized Gain/Loss Report

Currency Unrealized Gains/Losses
As of 3/11/02

A/C # Name Curr. Value Orig. Value Gain/Loss

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1-3200 Accounts Receivable $81,104 $78,063 $3,042
2-1250 Accounts Payable $32,338 $31,125 $1,213
      Total: $4,255

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