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Suggested answer

Foreign currency exchange Gain/Loss in Receipt Journal (AR)

Posted on 17 Oct 2020 10:26:29 by 5

Hello Dynamics Developers/ consultants.

I am aware, that when we post receipt journal (in Accounts Receivable) in some other currency other than the default currency of the current company, there are vouchers posted for Exchange rate gain / Exchange rate loss.

In this example, I have posted the journal for AUD, but the default currency is NZD and the highlighted lines have been posted for Exchange rate gain.

pastedimage1602929736358v1.png

The lines for the Exchange rate gain are posted without any financial dimensions. I know that the financial dimensions for the accounts can be fixed on the setup.

But, I have a requirement where I have to change the financial dimensions dynamically by picking default dimensions of the customer account.

But, I am unable  to find the class and method which actually creates and posts the Exchange rate gain / loss where I can explicitly customize the code to update the financial dimensions according to my requirement.

Any help on this would be highly appreciated.

Thanks in advance.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on 17 Oct 2020 at 13:18:14
    RE: Foreign currency exchange Gain/Loss in Receipt Journal (AR)

    Hi,

    Can't this be achieved out of the box?

    If you setup default findims at the customer level then your sales transactions will inherit those and your invoice and receipt voucher will be posted with those findims.

    What and how the findims will be used can be influenced by the following GL parameter. 

    fx2.png

    Have you tried recording some transactions with different settings of that parameter?

    In addition, when you run the fx revaluation you can define what and from where the findims are used. 

    This can be influenced by those parameter settings:

    fx3.png

    Some examples how those parameters influence the postings made can be found here:

    dynamicsax-fico.com/.../

    Best regards, 

    Ludwig

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