Net Monetary Position Profit _ Loss Statement

"During inflationary period when monetary assets and monetary debts are not related to price level, companies that possess monetary assets more than monetary debts incur a loss on purchasing power. On the other hand, companies that possess monetary debts more than monetary assets gain purchasing power. Thereby profits and losses incurred due to the difference between monetary assets and debts are considered when calculating period profit." (TAS 2, article 20)
Net Monetary Position Profit/Loss Statement is located under Financial Table Definitions menu of General Ledger module. The purpose of this table is to determine losses incurred due to keeping monetary assets within any period and profits earned for being in debt, and calculate net profit/loss consequently.
In this window, user can add standard table definition and make changes upon this table, or s/he can make a specific definition by adding a blank definition. Standard definition has three levels, and this level is determined in filter lines. Both dates and restated values are displayed in columns.

1. Net Monetary Position required for year-end is calculated as "P01+P02-P03".
2. Net Monetary Position Profit or Loss item formula is " R01+R02-R03". "R" will give difference between line date and restated values. Thereby while "R01" gives difference between date and restated values of "Net Monetary Position At The Beginning of Period", "R02" gives the same information related to "Transactions Incurring Accruals on Net Monetary Position in Period", and "R03" gives difference between date and restated values of "Transactions Incurring Reductions on Net Monetary Position in Period". This also refers to the difference between date and restated values of "Net Monetary Position Required At The End of Period".

Net Monetary Position Profit or Loss item value will be listed in column adjusted in the 1st level.
"Inverse Balance: List" and "Transaction Type: Add" options will be displayed as default for groups and accounts.
Filters to be used when reporting this table are: