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Finance | Project Operations, Human Resources, ...
Answered

Bank foreign currency revaluation in AX 2012

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Posted on by 80

Hi,

We know in D365, we can run currency revaluation in Bank module.

Is there anything we can do in AX2012 similar to that considering any customization? I have a requirement from the client and they want to do currency revaluation in Bank module rather than in GL.

One of the users has joined the company recently who had previous work experience in D365 in his last company. Hope you understand this

Thanks and regards,

Pujari

  • PujariD365 Profile Picture
    PujariD365 80 on at
    RE: Bank foreign currency revaluation in AX 2012

    Dear Sourav & Ludwig,

    Thank both of you. This is working fine now.

    Sorry for late reply!

    Regards,

    Pujari

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Bank foreign currency revaluation in AX 2012

    Good Morning Pujari,

    Have you been able to get the bank revaluation functionality work in AX2012?

    Would be great if you could let us know and/or provide us some feedback is things worked out fine.

    Many thanks and best regards,

    Ludwig

  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Bank foreign currency revaluation in AX 2012

    Hi Pujari,

    As Sourav mentioned, you can do a 'little' code tweaking to get the currency revaluation feature available in the bank module.

    Please don't try this yourself but ask a developer for some help especially if you want to use that in your live environment.

    Best regards,

    Ludwig

  • Suggested answer
    RE: Bank foreign currency revaluation in AX 2012

    Hi Pujari, 

    Bank foreign currency revaluation was working only as localization for some countries in Ax2012 

    https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/pol-revalue-foreign-currency-amounts-for-bank-transactions 

    And now, we have released a new functionality for Bank foreign currency revaluation across all legal entities. 

    https://docs.microsoft.com/en-us/dynamics365/finance/cash-bank-management/bank-revaluation


    We always recommend our customers tp upgrade to latest versions for having all new features available. 

    Thanks.

  • Verified answer
    SouravDam Profile Picture
    SouravDam 11,723 on at
    RE: Bank foreign currency revaluation in AX 2012

    Hello PujariD365,

    You can check below link. This is very informative and published by Ludwig. All details are there and hopefully it will be helpful for you.

    https://dynamicsax-fico.com/2015/04/12/foreign-currency-revaluation-cash-and-bank-management-module/

    Looking at this article; I don't think technically you need to do any major change in system.

    Please check and discuss this with any technical person.

    Best regards,
    Sourav Dam

    Kindly mark this thread 'Yes' if this is answered your query which may help other community members in this forum.

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