> For the complete documentation index, see [llms.txt](https://docs.elven.com/v3/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.elven.com/v3/assets-and-valuations/currency-exchange-fx-pnl-adjustment.md).

# Currency exchange (FX) PnL adjustment

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This page illustrates how to calculate and export foreign exchange gains and losses in the Fair Value adjustment module, including generating automated Journal Entries and exporting the relevant tables.
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## 1. Accessing the Fair Value adjustment module

1. On the project homepage, navigate to the **Valuation** page.
2. In the Valuation page, select the Fiat (FX) tab.

<figure><img src="/files/sUXP0SSeE9Tx0QGOFXU0" alt=""><figcaption></figcaption></figure>

## 2. FX gains and losses calculation

1. The "Adjusting" table records the gains/losses on FX caused by exchange rate fluctuations.

<figure><img src="/files/dHaOJsVjFe91a1bfbwz7" alt=""><figcaption></figcaption></figure>

1. Elven system automatically generates journal entries for adjustments based on the adjustment records.

## 3. Exporting FX gains and losses calculation tables

1. Click the "Export" button on the right to export the desired FX gains and losses calculation table.