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revalue currency in Dynamics

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Posted on by Philj

Hi,

When I revalue currency in Dynamics it is automatically posting this to Vat with a standard Vat Rate. This is incorrect, no Vat should apply to Revaluing of Currency. Does anybody know how to

change this?

Kind regards

Phil

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JAngle 46 on at

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RE: revalue currency in Dynamics

Check the general ledger setup. The report has this section of code where you can skip it from happening:

GLSetup."VAT Exchange Rate Adjustment" = GLSetup."VAT Exchange Rate Adjustment"::"No Adjustment")

then

CurrReport.Break;
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JAngle 46 on at

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RE: revalue currency in Dynamics

In the currency card are you using the correct g/l accounts? Sounds like the gains or losses might be hitting a VAT account. This would make it a setup issue rather than a potential bug.
Renni 958 on at

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RE: revalue currency in Dynamics

How did you do your re valuing?

Are you using the adjust exchange rates function ?