I understand that you can adjust exchange rates for Customer, Vendor & Bank accounts. How can i adjust GL account with the exchange rate? Does it have to be done manually?
As Gavin says it is only some balance accounts that are adjusted by the procedures in Business Central. Income and expense accounts are typically never adjusted for currency fluctuation.
Here are a link to the some documentation around the process:
Hi,
Yes, you can adjust exchange rates for Customer, Vendor and Bank Account ledger entries. I recently wrote this blog post that walks through the process
With regards GL accounts, there is currently no functionality to revalue a GL account. This is because the foreign currency amounts aren't stored in the General Ledger Entries. Therefore you can only revalue Customer, Vendor and Bank Accounts.
Hope this helps.
Thanks
Gavin
André Arnaud de Cal...
292,162
Super User 2025 Season 1
Martin Dráb
230,962
Most Valuable Professional
nmaenpaa
101,156