Basic process for foreign currency revaluation on an account

If you work with currencies then likely you will want to revalue the accounts at a reporting period to use a known average exchange rate. You can do this in AX as a periodic process in the general ledger.

Here is a quick walk overview of a basic process.

AX2012 R3 CU9.

Cheers

Lachlan

2 responses to “Basic process for foreign currency revaluation on an account

  1. Hi,
    I do not understand why AX created two lines for revaluation voucher. Intuitively I think one line would be enough, or am maybe I am wrong. It is confusing why in line where there is 1.12 in Amount column, there is 0.00 in Amount in reporting currency column.

    Like

  2. I know my question is not about this topic, however, maybe you or someone else know how to reflect correctly currency denomination in ax 12, what to do and in which sequence?
    Thank you in advance!

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s