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Revalue foreign currency amounts for customers or vendors [AX 2012]

Updated: August 29, 2011

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Before you revalue foreign currency amounts, you must set up profit and loss ledger accounts for foreign currency revaluations. Click General ledger > Setup > Currency > Currency revaluation accounts. Select main accounts for the four types of exchange rate posting in the Posting column.

NoteNote

To estimate the financial effect of the revaluation that you are about to perform, you can run a simulation of the foreign currency revaluation in the customer Simulation or vendor Simulation form. For more information, see Simulate a foreign currency revaluation.

  1. Click Accounts receivable > Periodic > Foreign currency revaluation.

    –or–

    Click Accounts payable > Periodic > Foreign currency revaluation.

  2. Click Foreign currency revaluation.

  3. Select values in the following fields:

    • Method

    • Considered date

    • Date of rate

    • Use posting profile from

  4. Enter values in the other fields as required.

  5. Select the Print check box to print a report that shows the balances before and after the foreign currency revaluation. This printout also shows the summary of all changes, by currency.

  6. Click OK to revalue the foreign currency amounts and print the report.

Note Note

This report is available only when you revalue foreign currency amounts. Therefore, make sure that you print the report every time that you revalue foreign currency amounts.


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).
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