Linha Microsiga Protheus - Inglês

Páginas filhas
  • Monetary Variation - Localized Countries (CTBA381 - SIGACTB)

This routine is applicable to all countries, except for Brazil.

Monetary variation corrects the ledger accounts balance with entries in hard currency (01). The System considers as base the account balances and the index, calculates and adjusts the account balances, also generating an adjustment entry in Accounting Entries Table (CT2) and the respective adjustment in the Balances Table (CT7).

Example of exchange variation calculation:

Account balance X in legal tender

R$ 2,700.00

Account balance X in hard currency

U$ 1,000.00

Rate of Variation (Index)

3.00

Exchange variation =

Balance in legal tender – ( Balance in hard currency * Rate )

2,700.00 – ( 1,000.00 * 3 )

Exchange variation

R$ 300.00


In the accounting entry, the system posts against the correction account (Monetary Variation Account - CT1_CTAVM). In this case (R$ 300.00), the system adjusts automatically the account balance in legal tender to R$ 3000.00.

To accomplish monetary variation, observe the following procedures:

  • In the Chart of Accounts Register, it is mandatory to enter the monetary variation account. Accounts with no variation account associated in the register are not considered.
  • If the account conversion criterion is Typed, conversion rate must be filled out in question Conversion Rate Typed and, in the Currencies or Chart of Accounts Registers, the criterion for the currency must be set to 4=Typed.

Important:

It must be remembered that in several countries, the process of adjusting monetary variation is not laid down in law. However, this procedure is legal in Uruguay.

Important:

Monetary variation may be calculated in hard currency, as longs as parameter MV_CTBMFOR is configured.


 

To calculate monetary variation in hard currency (bolivianos - BS), dollar and UFV (Federal Value Unit), properly fill out the fields Conv. C1 Deb (CT1_CVD01) and Conv. C1 Crd (CT1_CVC01) in Chart of Accounts.


Procedures

Executing monetary variation:

1. Select Monetary Variation.

A screen is displayed with parameters of the routine.

2. Fill them out according to field help instructions, observing the following fields:

  • Reference date
  • Typed Rate
  • Base Currency Variation
  •  Variation Method 

Enter the variation method to be used: Base currency or Hard currency.

4. Check the data and confirm.

The system displays the processing screen.

5. Confirm to calculate monetary variation.


See Also

  • Chart of accounts register
  • Accounting entries