Hi there, my company has a high volume of multiple currency transactions, our records show a staggering (yet I know perfectly correct) figure for foreign exchange losses.
Management is asking questions, I tried to extract the general ledger transactions report for the account but unfortunately the report does not show the transactions that resulted in this loss, instead, it just shows the loss figure! please help
The closest details you can get is in Summary screen to click on the amount listed
Foreign exchange gains (losses). Then you would see Foreign Exchange Revaluation, click again on the amount and you will get the details listed there.