Revaluation of accruals


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Nov 4, 2019
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Poland
We do the revaluation (to monthly BS rate) for account payables, receivables, cash.
What about AP Accruals? Should it be also accrued the same way like e.g. regular trade account payables?
 
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Joined
Aug 7, 2023
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India
We do the revaluation (to monthly BS rate) for account payables, receivables, cash.
What about AP Accruals? Should it be also accrued the same way like e.g. regular trade account payables?
Yes, for all the items that will be settled through an outflow or inflow of funds
 

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