Multicurrency: Revalue Commitments

To revalue commitments, run the Revalue commitments business process to apply the latest exchange rate to the balance of each commitment that meets the process’s criteria. You may perform this task at regular intervals, such as every quarter. The revaluation process does not affect exchange rates previously applied to the commitment or previously paid amounts. It affects only the value of the unpaid balance. For example, your base currency is GBP and you can accept both pounds sterling and euros. A donor pledges 100 EUR in January and pays 50 EUR. In July, you run a revaluation process that updates the exchange rate applied to the pledge. The amount of the pledge does not change and neither does the balance owed by the donor.

Note: When you revalue a commitment, the program updates the commitment’s balance on the Revenue History tab of the constituent record.