Are you saying that when I revalue in Ledger that it will also revalue the subledgers? Otherwise what you're saying does not make sense to me.

For example, if I post receipts in PO at 1.25% and then at month end I revalue Ledger at 1.21, then I am assuming accounts in Ledger will revalue at 1.21. So, how is that you are saying that the home currencies will match after the revaluation in Ledger? Won't the Outstanding Receipt list in PO still report home currency at 1.25?