Period-End Revaluation, Not a Manual Spreadsheet Exercise
Fintra revalues open foreign-currency balances at period-end rates and translates multi-entity reporting, so unrealized FX movement is captured every close, not just at year-end.
What FX revaluation does
Open receivables, payables, and balances denominated in a foreign currency shift in value every period even if nothing gets paid. FX revaluation restates those open balances at the period-end rate and posts the unrealized gain or loss, and separately translates consolidated reports for entities that report in different currencies.
- Period-end revaluation of open foreign-currency receivables, payables, and balances
- Unrealized gain or loss posted automatically at each close
- Consolidated-report translation for multi-entity, multi-currency reporting
- Reversal handling so revaluation entries do not compound period over period
Core capabilities
| Capability | What it does | What it replaces |
|---|---|---|
| Balance revaluation | Restates open FX balances at period-end rates | Manual revaluation spreadsheets |
| Unrealized gain/loss posting | Posts the resulting entry automatically each close | A forgotten or inconsistent adjustment |
| Auto-reversal | Reverses the prior period entry so it does not compound | Entries stacking incorrectly period over period |
| Consolidated translation | Translates multi-entity reports into one currency | Manual consolidation workbooks |
How it works
From open balance to closed period
- 1
Identify open balances
Fintra flags foreign-currency receivables, payables, and balances still open at period-end.
- 2
Apply the period-end rate
Each open balance is restated at the closing rate for the period.
- 3
Post the entry
The unrealized gain or loss posts automatically as part of the close checklist.
- 4
Reverse next period
The entry reverses at the start of the next period so revaluation does not compound.
Part of a documented close
FX revaluation runs as a task inside Fintra's Close Board, so it is a checked-off step with an owner, not something that only happens if someone remembers. The audit trail preserves the rate used and the resulting entry for every period.
Frequently asked questions
What is the difference between FX revaluation and realized gain/loss?
Realized gain or loss happens when a foreign-currency transaction actually settles at a different rate than it was recorded at. FX revaluation restates balances that are still open at period-end, producing an unrealized gain or loss that has not yet been settled.
Does revaluation run automatically at close?
Revaluation is a task on Fintra's Close Board, so it appears as part of the standard close checklist with an assigned owner rather than a manual step someone has to remember to run separately.
What happens to last period's revaluation entry?
It reverses automatically at the start of the new period, so each period's revaluation reflects only that period's rate movement rather than compounding on top of prior adjustments.
Can I see which balances were revalued and at what rate?
Yes. The audit trail preserves which open balances were included in each revaluation run and the period-end rate applied to each, so the entry can be traced and explained during a review or audit.
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