Revalue Open Currency Balance Status page says the the status is Failed

Problem:

1. Navigate to Transactions > Financial > Revalue Open Currency Balances

2. Select a Subsidiary, Class, Location, and Account Type

3. Mark the Accounts that need to be revalued

4. Click Save

Actual result:

Status page says the status is Failed 

Solution:

When there is no Accounting Period available for Revaluation to create a reversal, the work queue will fail. Make sure that the next period is available.

Navigate to Setup > Accounting > Manage Accounting Periods and make sure that the next accounting period is available