# Monetary item

> Monetary item — A balance fixed in currency units — cash, receivables, payables, debt — and therefore remeasured when exchange rates move; inventory, prepaids and PP&E are non-monetary.

Source: https://lopifi.com/glossary/monetary-item
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

---

**What is monetary item?** In accounting, monetary item means a balance fixed in currency units — cash, receivables, payables, debt — and therefore remeasured when exchange rates move; inventory, prepaids and PP&E are non-monetary.

## Words this system refuses for it

- cash item

- **Category:** Multi-entity
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** fixed-asset