How it is calculated
Formula: difference = FX amount × valuation rate − recorded TRY amount. For assets an increase is a gain (646) and a decrease a loss (656); the reverse for liabilities.
Legal basis: Tax Procedure Law art. 280.
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Period-end FX revaluation
Revalues foreign-currency cash, bank, receivables and payables at the valuation-date rate; shows the gain or loss and the journal entry.