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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Foreign Currency Reval...
Microsoft Dynamics AX (Archived)

Foreign Currency Revaluation

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Posted on by Community Member

Hi,

I just did foreign currency revaluation of my bank accounts as on 30.04.2016. I have multiple bank accounts in different currency. I have only one set of "Currency exchange rate type". In my understanding the general ledger balance in accounting currency of bank accounts after revaluation (as on 30.04.2016) should be the sum of individual bank account balances in foreign currency (x) currency exchange rate as on 30.04.2016.

But it is not working so. So can anyone explain to me if my understanding about foreign currency revaluation is wrong?

 

Thanks in Advance

Jomy George

*This post is locked for comments

  • Suggested answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 307,361 Super User 2026 Season 2 on at

    Hi Jomy,

    Have a look at the next thread: community.dynamics.com/.../510813

    Using ledger revaluations for bank accounts is not quite useful.

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