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Microsoft Dynamics AX (Archived)

How to generate free text invoice in RMB currency

Posted on by Microsoft Employee

Hi Expert,

I am trying to generate free text invoice in USD. However when I post the invoice, its AR is in USD, which the revenue is USD account as well. But I want the revenue account to show in RMB, not just transferred in RMB. How to achieve this?

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  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: How to generate free text invoice in RMB currency

    Hi alicequ,

    To create a free text invoice in RMB, simply create a new free text invoice, navigate to the free text invoice header and change the default currency from USD to RMB. Then go back to the lines section, enter your lines and post the invoice.

    Best regards,

    Ludwig

  • MATTGUO Profile Picture
    MATTGUO 22,306 on at
    RE: How to generate free text invoice in RMB currency

    Hi,

    In my impression, only need the amount of accounting currency is RMB. And need to transfer the amount to be accounting currency by exchange rate before posting.

    And you also need to uncheck the "Foreign currency revaluation" for revenue account in main account.

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: How to generate free text invoice in RMB currency

    According to China GAAP, the revenue should be reflected in RMB, not transferred to RMB with the exchange rate. Can we?

  • MATTGUO Profile Picture
    MATTGUO 22,306 on at
    RE: How to generate free text invoice in RMB currency

    Hi alicequ,

    Standard feature doesnot support the different currency in one transaction.

    You need to change the currency to RMB on the invoice heard, then the AR and revenue account will be all RMB currency.

    Why do you have the requirement? The amount of the Accounting currency can be seen in the voucher.

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