How to use GM_REVAL - Revaluation of currency in GM

SAP Transaction Code - Details

• Transaction Code: GM_REVAL

  Description: Revaluation of currency in GM

  Release: S/4HANA and ECC 6

• • Program: GM_REVALUATION

    Screen: 1000

    Authorization Object:

  • Development Package: GMACCOUNTING_E

    Package Description: Grants management (accounting)

    Parent Package: GRANTEE_MANAGEMENT

  • Module/Component: PSM-GM-GTE-UP

    Description: Actual Update and Commitment Update

Smart SAP Assistant

• SAP Tcode: GM_REVAL - Revaluation of currency in GM

  
  Overview:
  GM_REVAL is a transaction code in SAP that allows users to revalue currencies in the General Ledger (GL) module. This transaction code is used to adjust the exchange rate of a currency in the GL module, which can be used to correct any discrepancies between the current exchange rate and the rate used when the original transaction was posted. 
  
  Functionality:
  GM_REVAL enables users to revalue currencies in the GL module. This transaction code allows users to adjust the exchange rate of a currency in the GL module, which can be used to correct any discrepancies between the current exchange rate and the rate used when the original transaction was posted. The revaluation process is done by entering a new exchange rate for a currency and then posting it to the GL. 
  
  Step-by-step How to Use:
  1. Access GM_REVAL by entering it into the command field in SAP. 
  2. Enter the currency that needs to be revalued and select “Revaluation” from the drop-down menu. 
  3. Enter a new exchange rate for the currency and select “Post” from the drop-down menu. 
  4. Select “Yes” when prompted to confirm that you want to post the new exchange rate. 
  5. Select “OK” when prompted with a message that confirms that your revaluation was successful. 
  
  Other Recommendations:
  It is important to note that GM_REVAL should only be used when necessary, as it can have an impact on financial statements and other reports. Additionally, it is recommended that users consult with their financial team before using this transaction code, as they may have additional recommendations or requirements for using GM_REVAL.