YonSuite Thailand Multi-currency: Revaluation and Dual Reporting
Govern transaction, functional and group currencies for a Thai entity, including rate import, period-end revaluation and translation differences.
Learning objective
Complete a reviewable foreign-currency close and issue separate Thai entity books and a group reporting pack.
Roles
Thai finance, group finance, GL, AR/AP, treasury, tax owner and audit liaison.
Prerequisites
- Qualified owners approve entity functional currency, group reporting currency and accounting policy.
- Authoritative sources and uses for spot, closing, average and historical rates are defined.
- Foreign-currency customers, suppliers, banks, accounts and group mappings are clean.
Completion checks
- Any foreign balance can be recalculated from original amount, functional amount, rate and difference.
- Revaluation journals reconcile to reversal or settlement.
- Group translation does not overwrite Thai statutory books and the pack remains traceable.
Common errors
- Using one rate for all balance-sheet, income and equity items.
- Unapproved rate uploads or reopening a closed period silently.
- Posting group translation differences into Thai statutory books.
Thailand project note
A Thai licensed accountant, auditor or tax adviser must confirm functional currency, TFRS/tax-book differences, FX gain/loss and presentation. This guide is a system-control framework only.
Related modules
Steps
- 01
Configure transaction, functional and reporting currencies; prevent casual changes to currency or rate type on posted documents.
- 02
Maintain dated, typed and sourced rates; independent review checks missing, duplicate and unusual movements.
- 03
Reconcile foreign-currency receivables, payables, banks and intercompany balances before freezing late activity.
- 04
Run open-item revaluation, separate realised and unrealised differences, and validate reversal or carry-forward rules.
- 05
Translate THB entity data to group currency under approved policy, separately validating historical equity and income-statement treatment.
- 06
Release Thai trial balance and group pack with rate version, revaluation list, approvals and variance explanations.
Implementation notes
- Retain a monthly snapshot of each rate source.
- Test one invoice paid in a later month to validate unrealised and realised FX.
- Lock statutory books and group packs separately.
References
- One YonSuite：全球企业统一数智平台 ↗用友 YonSuite 官方网站 · Accessed: 2026-08-20 · Applicable version: 公开说明泰语、多币种、多会计制度及多税务规则适配；属地功能须逐项确认
- 关于 YonSuite ↗用友 YonSuite 官方网站 · Accessed: 2026-08-20 · Applicable version: 确认多准则、多币种及全球运营能力范围