Before there was the specialized Bank Foreign Currency Revaluation functionality some used to use the GL Foreign currency revaluation.
Is it still "OK" to use the GL functionality for revaluating the balance of a bank?
Is there an "official" Microsoft recommendation?
I know that with the GL revaluation in some scenarios the revaluation provided incorrect results - for example if your bank account was denominated in foreign currency (say, USD account in a company with accounting currency of GBP), and you made 3rd currency payment out of it (e.g. EUR).
However anyone aware of other issue that might arise from using the GL revaluation to revalue bank accounts?
