Unrealized Gains Losses Report

The Unrealized Gains and Losses Report lists the amounts your company would gain or lose due to the fluctuating currency exchange rates used to calculate account balances. This report is available only if you use multicurrency.

To calculate the amounts that appear on this report, Traverse performs these steps:

  1. Traverse scans through the accounts and selects only those that use the currencies you specify.
  2. Working from history, Traverse determines the balances of these accounts in base currency based on existing transactions (and their exchange rates). This balance represents the actual balance in base currency.
  3. Traverse then converts the accounts' balances from their foreign currencies to base currency using the periodic rate for the period you specify. This balance represents the exchange balance --that is, the amount you would receive if you closed out that account today.
  4. Finally, Traverse calculates the difference between the actual balance and the exchange balance. This difference represents the unrealized gain or loss that results from differences in exchange rates from the time you enter transactions to the time you calculate account balances.

The amounts printed on this report represent unrealized gains and losses; that is, these amounts estimate the funds your company would gain or lose if all accounts using foreign currencies were closed at that moment using the periodic exchange rate. Use this report as a tool to view how fluctuating exchange rates affect your business and to verify the accounting entries Traverse makes when you post unrealized gains and losses as part of your period-end processing.

Printing the Unrealized Gains and Losses Report

  1. Use the Data Filter to select the range of filtering options or leave the filter blank to include all available data.
  2. Select the fiscal period and year for which to print unrealized gains and losses from the Fiscal Period and Year fields. 
  3. Select whether to print a detailed or summary version of the unrealized gains and losses report by selecting the appropriate option from the View section.
  4. Click a command button to   
    5. Click To
    Print Process the Unrealized Gains and Losses Report.
    Output Output the report as a PDF.
    Send Save the report as a PDF and attach it to an email using your default mail program.
    Preview View a preview of the Unrealized Gains and Losses Report.
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