Agio
Agio calculation reevaluates the book value on the balance accounts by upgrading the values from historic rate to period rate. All transactions will be posted with the currency rate on the date of registration (historic rate), but by the end of the month all transactions will be calculated with the same currency rate (period rate).
The agio calculations in RamBase are based on the rates in the Currency (CUR) application. The rates in the CUR application are yesterday's currency rates, and they are updated every morning (Monday-Friday) before 08.00 CET.
Agio calculation is optional. Only balance accounts can be agio calculated. Each of the accounts that one wishes to be agio calculated must be defined in the Agio field in the Chart of Accounts (ACC).
Balance accounts that can be agio calculated
Accounts receivable ledger:
Sales Invoices (CIN)
Sales Credit Notes (CCN)
Payments (PAY)
Accounts payable ledger:
Supplier Invoices (SIN)
Supplier Credit Notes (SCN)
Payments (PAY)
Bank:
Payments (PAY)
Stock:
Supplier Shipment Advices (SSA)