Personalized Community is here!
Quickly customize your community to find the content you seek.
Now Available in Community - New TechTalk Videos for 2020
Read More about New TechTalks for 2020
2020 Release Wave 2Discover the latest updates and new features to Dynamics 365 planned through March 2021.
Release overview guides and videos Release Plan | Preview 2020 Release Wave 2 TimelineWatch the 2020 Release Wave 1 virtual launch event
Ace your Dynamics 365 deployment with packaged services delivered by expert consultants. | Explore service offerings
Connect with the ISV success team on the latest roadmap, developer tool for AppSource certification, and ISV community engagements | ISV self-service portal
The FastTrack program is designed to help you accelerate your Dynamics 365 deployment with confidence.
FastTrack Program | Finance TechTalks | Customer Engagement TechTalks | Upcoming TechTalks
In AX2012 the functionality to setup currency translation method on each main account worked ok.
I have tried to use the functionality in D365FO (different environments including a PEAP environment) but in Financial reports I don't get different reporting amounts for different main accounts with the same transactions using one of the four methods listed below.
Does someone know if there is a bug in Financial reports / D365FO or can someone verify that the functionality is still available and works as decribed and please also the required setup?
The functionality is described in docs:
Currency translation methods
There are four options for calculating exchange rates in Financial reporting:
Sten.Baumgarten said:but in Financial reports I don't get different reporting amounts for different main accounts with the same transactions using one of the four methods listed below.
I do not fully understand what you mean by the different reporting amounts.
Can you provide a simplified example to make this clear to me?
Many thanks and best regards,
Thanks for your reply. :-
On four different main accounts I post the same three transactions on three different days with different exchange rates. The following transactions are posted on the four main accounts:
On the four main account different setup are made in the field currency translation type.
When I generated a Financial report (Management Report) in AX2012 I got the expected result (different amounts due to different currency translation type) on each main account.
When I make the same transactions in a Contoso environment and generate the Financial report with the figures, I got 2.647,07 as amount in all four main accounts in the Financial report.
It thought it perhaps was caused be selecting a Reporting currency exchange rate type in Ledger and the Dual currency functionality, but I get the same result if I have a selected a Reporting currency exchange rate or not.
Do you have any idea why it does not work in D365FO?
Sorry for my late answer. The solution to my question are:
With assistance from a support ingenier from Microsoft I found out that the functionality related to currency translation methods still works.
I thought that with the dual currency functionality where reporting amount is calculated directly from the transaction amount using the exchange rate transaction currency / reporting currency e.g. GBP/USD and not as it used to before dual currency from accounting amount to reporting amount using the exchange rate accounting currency / reporting currency e.g. EUR/USD.
The currency transalation method still use the exchange rate accounting currency / reporting currency.
I had exchnage rates for GBP/EUR and GBP/USD and after I created exchange rates for EUR/USD I got the result in the Financial report I wanted. :-)
I wish you a merry christmas and a happy new year.
Business Applications communities