Retained earnings calculation enhancements for financial reporting when using currency translation in 2020 Release wave 1 plan expected features from April to Sept 2020 in Microsoft Dynamics 365 Financials

Retained earnings calculation enhancements for financial reporting when using
currency translation in 2020 Release wave 1 plan expected features from April to Sept 2020 in Microsoft Dynamics 365 Financials

Business value
When generating financial reports that include currency translation, the retained earnings
calculations now include rates and balances from the account's entire history, rather than only
the year and rate.

Feature details
When you enable this feature, any retained earnings account that has the Currency translation
type set to Transaction date will calculate the translated balance of the account using rates and
balances from its entire history, rather than only the year and rate.