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Finance | Project Operations, Human Resources, ...

Understanding Exchange Rate Accounts in “Accounts for Automatic Transactions”

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Hi, 

I understand that Accounts for automatic transactions are system accounts that can also be configured through the posting profiles of each module. However, some accounts—such as Error account and Penny difference—can only be configured here.

My question is about the accounts Exchange rate gain and Exchange rate loss that appear in Accounts for automatic transactions. Are these the same accounts that are configured in the ledger for Realized gain and Realized loss during the foreign currency revaluation process? Or do they serve a different purpose?

 

Could someone clarify the difference between these accounts and how Dynamics 365 uses each of them?

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