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Bank Foreign Currency Revaluation

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Posted on by MarkDS

Hello - we have enabled the (relatively) new feature in D365 allowing you to revalue your Bank Accounts for foreign currency revaluation. This was previously a localisation for certain countries, but is now a general option in the cash and bank parameters.

Having performed all the necessary (per Microsoft docs guidance) set-up - when we run the revaluation from the Bank module - the values posted are only posting to the General Ledger and no entries are going through the bank transactions. Therefore when we run the reconciliation to the General Ledger Balance we now have a break due to the revaluation adjustment. In other words no sub-ledger entries are posting, so obviously creating a break - in a similar fashion as if you had just run the reval from the GL side.

Does anyone have any thoughts or suggestions on this please?

Thanks

Mark

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MM-20051452-0 Microsoft Employee on at

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Hi Mark,

Could you please validate on the following:
if the admin user also activated the below parameter.

And this is the function you are referring to.

If yes, please create a service request to Microsoft so we can investigate directly on your customer environment

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MarkDS 60 on at

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Thanks Momen, yes those are the parameters we have activated. One thing I have just noticed on re-testing this is that the sub-ledger postings ARE being made. However it is the bank to general ledger reconciliation report that does not seem to recognise these transactions and is showing a 'break'/difference that doesn't actually exist.

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MM-20051452-0 Microsoft Employee on at

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Thanks for illustration Mark,

This issue have been reported and now under investigation from our Engineering team, you can track it on LCS using the following link:

fix.lcs.dynamics.com/.../Details

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