I want clarification on following .
I have a internal order where all the items of asset are posted which were generated through purchase order goods receipt.
The amounts were in GBP. Group currency is EUR.
At the time of settlement system generated one FX revalaution amount & posted to a predefined GL account.
So how the FX revaluation amount is calculated in the system can u pls explain me?
Is it the FX rate difference between the items posted in Internal order day (say 1.7.2011) & the IO settlement day ( say1.8.2011)