Dynamics 365 F&O/AX
Dynamics FO / AX
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Foreign Currency Revaluation
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Foreign Currency Revaluation
We are testing in UAT with the intention of using revaluation in D365. We saw a scenario when we run the revaluation for a month’s time, a reversing transaction in that month when the original transaction was in a prior month, that reversing transaction is not being revalued. MS says this is intentional “because that is how the code is written,” but I’m looking for any semblance of business rationale on why this might be the case. Is anyone else using revaluation and running into this issue?
(note, if the the reversing transactions is in the same month as the original transaction, and we revalue that month, both transactions are revalued)
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5 Replies
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Hi Kim,
I feel that the rational used by MS for the code not making changes in a previous month would be by design. When running any type of inventory models requiring an inventory close, settlement of transactions, recalculation to update inventory values, trying to reverse a transaction in an already closed and settled period would present some financial issues within the GL. Now, while I am not a financial Consultant, I would certainly ask one for better clarity regarding this type of issue. Especially in a multi-currency system.
Regards
Joe
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Just following up should anyone else question this. It went to Microsoft and the answer was “working as intended”. They were not able to give the business reason *why* it was designed that way (but plenty of code screenshots!). They suggested custom changes if we wanted it to work differently, even though they had a case from 2020 with many, many customer requests/complaints on this.
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Kim – I am not clear of the situation.
First – what kind of revaluation are you doing? for the GL? or for a sub-ledger (AP, AR, bank etc.)?
Also , I am trying to understand the timing – you have a transaction in November, and you are running GL revaluation for November date range, but surprised why a transaction in December is not getting revalued?
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