Vendor foreign currency revaluation (form) [AX 2012]

Updated: March 28, 2011

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

Click Accounts payable > Periodic > Foreign currency revaluation.

Use this form to view a list of the vendor foreign currency revaluation periodic jobs that have been run. The foreign currency revaluation periodic job generates transactions that update the value of open (not settled) vendor transactions in foreign currencies. Each time that you revalue foreign currency amounts for vendors, the value of open vendor transactions that are posted in foreign currencies is revalued and the periodic job is added to the list on the Overview tab.

To open the form in which you revalue foreign currency amounts on open vendor transactions, click Foreign currency revaluation.

The following tables provide descriptions for the controls in this form.

Tab

Description

Overview

View the list of vendor foreign currency revaluation jobs that have been run.

General

View the detailed information for the selected foreign currency revaluation job.

Notes

View the notes that a user attached to the selected foreign currency revaluation job.

Button

Description

Foreign currency revaluation

Open the Foreign currency revaluation form, where you can revalue foreign currency amounts on open vendor transactions.

Simulation

Open the Simulation form, where you can run a simulation before you revalue foreign currency amounts. You can decide on and enter simulation criteria, and view a simulation of the overall effects of revaluing the foreign currency amounts.

Voucher

View the ledger transactions that were generated by the selected foreign currency revaluation job. Each vendor transaction that is created by the foreign currency revaluation job can have several ledger voucher lines.

Transactions

View the vendor transactions that were generated by the selected foreign currency revaluation job.

Reviewed

Select the Reviewed check box for the selected foreign currency revaluation jobs.

Field

Description

Show

Select the types of foreign currency revaluations to view on the Overview tab.

Executed date

The system date when the foreign currency revaluation job was run.

Method

The method that was used in the selected foreign currency revaluation job:

  • Standard – Foreign currency revaluation transactions are posted regardless of whether the result is a profit or a loss.

  • Minimum – Foreign currency revaluations are posted only if the result is a loss.

  • Invoice date – Foreign currency revaluation transactions use the original exchange rate of the transactions, which are revalued to their original value in the accounting currency. The effect of any previous foreign currency revaluation is canceled.

Considered date

The date for which all transactions that have open (not settled) amounts are found. Foreign currency amounts are revalued with the exchange rates that are entered in the Currency exchange rates form for the considered date.

ImportantImportant

When foreign currency amounts are revalued on a considered date, this date becomes the last foreign currency revaluation date for the transactions that are revalued. You can run a foreign currency revaluation job for a considered date that is earlier than the last foreign currency revaluation date on transactions that have already been revalued. However, transactions that are open on the earlier considered date, but that have a more recent last foreign currency revaluation date, are not revalued by the periodic job. Therefore, the last foreign currency revaluation date is no longer updated when you revalue foreign currency amounts for a single transaction, but only when you run the vendor foreign currency revaluation periodic job.

Date of rate

The date that determines the exchange rate that is used in the foreign currency revaluation transaction. If this field is blank, the exchange rate that applied to the considered date is used in the foreign currency revaluation transaction.

Use posting profile from

The posting profile that is used for the foreign currency revaluation transactions:

  • Posting – The posting profile of the vendor transaction is used.

  • Select – The posting profile is determined by the posting profile in the Posting profile field.

Posting profile

If Select is selected in the Use posting profile from field, select the posting profile to use for the foreign currency revaluation transactions.

You can select among the posting profiles that have been set up in the Vendor posting profiles form.

Financial dimensions

The financial dimensions that are posted on the foreign currency revaluation transactions:

  • None – No financial dimensions are posted on the foreign currency revaluation transactions.

  • Table – The financial dimensions of the vendor account are posted on the foreign currency revaluation transactions.

  • Posting – The financial dimensions of the transaction that is being revalued are posted on the foreign currency revaluation transactions.

Reviewed

Select this check box if the foreign currency revaluation job has been reviewed.

Notes

Any notes that were added before the foreign currency revaluation job by the user who revalued foreign currency amounts.


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