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361Dear Experts,
I need guidance regarding foreign currency bank transfer accounting in D365 Business Central.
We have two bank accounts:
- USD Bank Account
- INR Bank Account
Scenario:
- Received USD 100 at exchange rate 110, so system posted INR 11,000 in LCY.
- Later transferred the same USD 100 to INR Bank through Contra Voucher/Payment Journal at exchange rate 120, so INR Bank received INR 12,000.
Now the system is showing the remaining LCY difference instead of automatically posting the INR 1,000 difference to the Realized Gain/Loss account.
As per my understanding, D365 BC automatically posts realized gain/loss mainly during customer/vendor application, but not during foreign currency bank-to-bank transfer.
Could you please guide on the following:
- What is the proper standard process for FCY bank transfer in D365 BC?
- Should manual journal adjustment be passed for the forex difference?
- Is there any standard setup available in new Version to auto-post realized gain/loss during bank transfers?
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