The currency table appears to have changed and is applying the exchange rate the wrong way round.
Example below
Bank accounts -
HSBC USD @ 31/10 Balance $13,781.74 Balance LCY £15,236.23
Based on the current exchange rate in the system for 30/09 (revaluation for October still to be run) the LCY should be £12,415.98 i.e $13,781.74/1.11 the system now seems to be multiplying the rate instead ($13,781.74 * 1.11)
Can this please be looked into and resolved. As we are currently working through our month end it would be appreciated if this could be prioritised.
This is an issue we have never encountered before, could this be due the to the recent system updates?
If you think there is a bug in the system you should contact your partner and have them open a support ticket with Microsoft for this case.
I have not seen this behavior, so I would also recommend you check your currency and exchange rate setup.
Also check for direct postings to the G/L accounts used in your Bank posting groups.
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