Applies to Product – Dynamics 365 Finance
What’s happening?
Customers experience unexpected results during bank foreign currency revaluation, where the system generates vouchers showing both gain and loss values instead of the expected gain.
Reason:
The bank foreign currency revaluation process considers every financial dimension value when calculating the gain or loss. However, if fixed default financial dimensions are set for the bank account, it may obscure how the gain or loss is calculated for each dimension originating from each transaction, as it gets overridden by the fixed dimensions.
Resolution:
Enable the feature ‘Enhancements to bank foreign currency revaluation’ in Feature management workspace. This feature allows the organization to select to use all or none of the financial dimensions when calculating the gain or loss.
Then navigate to Cash and bank management module and perform the following and go to Periodic task. Select Reset Foreign currency revaluation, define dimension level and run the reset for the bank account with the issue.
Once done this, run the foreign currency revaluation for the affected bank account and verify that the voucher transactions reflect the expected results.
For further reference, please visit the documentation on Foreign currency revaluation in Dynamics 365.