Ledger foreign currency revaluation (form)

  • Article

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

Click General ledger > Periodic > Foreign currency revaluation.

Use this form to use current exchange rates to update the ledger accounting currency value of balances and transactions that are in foreign currencies in main accounts.

The exchange rates of the system date are used in the revaluation. For profit and loss accounts (profit and loss, revenue, and expense accounts), foreign currency transactions that are posted in the specified range are revalued. For balance sheet accounts (balance sheet, asset, liability, and equity accounts), the balance amount at the end of the interval is revalued.

Each time that you run the foreign currency revaluation process, you can select to revalue profit and loss accounts, balance sheet accounts, or both. Legal entities that have significant amounts in foreign-currency balance sheet accounts sometimes revalue these accounts daily, using the appropriate, current exchange rate.

The foreign currency revaluation transactions that are created include the currency code that is being revalued and an amount that is expressed only in the accounting currency. Each foreign currency revaluation considers the earlier foreign currency revaluation transactions in the profit and loss accounts.

Note

You can also revalue foreign currency transactions for customer and vendor accounts. For more information, see About foreign currency revaluations for open customer transactions and About foreign currency revaluations for open vendor transactions.

Task that uses this form

Perform a foreign currency revaluation

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

Enter criteria on the General tab

Submit a batch processing job from a form

Button

Button

Description

OK

Start the foreign currency revaluation process.

Fields

Field

Description

(From) Main account

Enter the start of the main account range for which to revalue foreign currency amounts.

(From) Date

Enter the start of the date interval for which to revalue foreign currency amounts, if the account that you select has a main account type of Expense, Revenue, or Profit and loss.

If the account that you select has a main account type of Liability, Asset, Balance sheet, or Equity, this date is the start of the opening period for the year that this date is included in. This date is used to set the search date for transactions.

(From) Currency code

Select the first currency, in the alphabetical list of currency codes, for which to revalue the foreign currency amounts.

(To) Main account

Enter the end of the main account range for which to revalue foreign currency amounts.

(To) Date

Enter the end of the date interval for which to revalue foreign currency amounts.

(To) Currency code

Select the last currency, in the alphabetical list of currency codes, for which to revalue the foreign currency amounts.

To include only one currency, select the currency that is selected in the Currency code field in the From field group.

Adjust profit and loss accounts

Select this check box to revalue transactions in profit and loss accounts.

Adjust balance sheet accounts

Select this check box to revalue the balances of balance sheet accounts.

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