IFRS 18 FX Split Setup in D365 F&O

(0) Share

Report

Posted on by Mihail Chorev

Hey everyone,

I’m working on this IFRS 18 exchange difference split for D365 F&O, and I think I’m starting to get the idea, but I’m still a bit confused. From what I understand, under IFRS 18 we’re supposed to split foreign exchange gains and losses into categories like Operating, Financing, and maybe Investing, depending on what caused the FX movement.So I guess we need to create separate main accounts for each type? Like one set for realized and unrealized FX under Operating, another set under Financing, etc.?Then in D365 we’d use the G/L-> Currencies->Revaluation posting profiles to link customer/vendor groups or GL accounts to the right FX accounts? Does this sound right? Has anyone already set this up or tested it in D365? I'm trying to figure out what the “cleanest” setup but have some doubts and trying to understand the logic?

Thanks

BR,

Mihail

Categories:

Dynamics 365 Finance

I have the same question (0)