News and Announcements icon

Dynamics 365 CommunityForums Microsoft Dynamics AX (Archived) Foreign Currency Reval...

Microsoft Dynamics AX (Archived)

Foreign Currency Revaluation

(0) Share

Report

Report

Posted on by Community Member Microsoft Employee

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

All responses Img

All responses (1)

Answers Img

Answers (0)

Suggested answer

André Arnaud de Cal... 291,391 Super User 2024 Season 2 on at

Like (0)

Report

RE: Foreign Currency Revaluation

Hi Jomy,

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

Using ledger revaluations for bank accounts is not quite useful.

Helpful resources

Quick Links

Leaderboard

#1

André Arnaud de Cal... 291,391 Super User 2024 Season 2

#2

Martin Dráb 230,445 Most Valuable Professional

#3

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans