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Currently it is not possible to settle two transactions (General ledger -> periodic -> Ledger settlement) when the transactions amount (for example €) is net-zero and the accounting currency (for example USD) isn't zero.

First transaction: +€100 = +$111
Second transaction:. -€100 = -$109

Actually D365 should settle these transactions and post the realized exchange rate gain/loss automatically to one of the main accounts which have been setup in the Accounts for currency revaluation (general ledger -> ledger setup -> ledger)
Category: General Ledger
STATUS DETAILS
Under Review
Ideas Administrator

Thank you for the feedback!  We will consider this for future releases.  Kristi, Microsoft PM

Comments

G

In term of pure accounting process, to "clean" by settlement GL accounts with foreign currency variances is really necessary for justification of GL accounts for CFO and legal auditors. GL settlement functionality need to be improve by Microsoft...

Category: General Ledger

G

We also would like to clear Centdifferences with this ledger settlement. e.g. there is a difference between social security liability (automatical report) and payment (automatical report) we want to clear EUR 0,57 between these 2 transactions.

Category: General Ledger

G

The foreign currency revaluation is not applicable for this main account as this main account contains loans to third parties. For accounting purposes our customer would not revaluate this main account so (some of) the loans keep their original amount.

However the suggested functionality, as described above, would be helpful anyway.

Category: General Ledger