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We performed revaluation of foreign currency in 2014 and closed 2014. If we have additional 2014 adjustment, how does that affect the revaluation? Do we perform the revaluation process again?
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I think it is likely to depend in part what sort of revaluations you have been running. Our experience of revaluations (various versions up to GP2013 sp2) would suggest that general ledger revaluations (i.e. where the data used to calculate the revaluation and the revaluations themselves are also posted to the general ledger) would probably need to be re-run and would probably pick up the correct difference. Sales and purchase ledger unrealised revaluations may well give the wrong results if you them run again and you may be left with calculating the revaluation manually. I would also caution that I've never tried running a revaluation after the year-end close.
In any event, you can calculate the revaluation manually and run the revaluation "print report only" to check what the revaluation is doing before creating any postings. Hope that helps.
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