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Expense Module: We have contractor and employees where their expense liability (currency in which they need to be paid) is in a different currency other than the master company currency. Need a way to post the liability to the contractor and the employee in the currency in which they need to be paid
STATUS DETAILS
Completed
Ideas Administrator

This is planned for April wave 2022. 

Comments

D

Not a good design for multi-country and multi-currency system. Especially in the current situation when working remotely and hiring remote employees/contractors becomes more common.

Category: Expense Management

D

We have several customers demanding this feature and this is a core requirement for multinational companies.

Category: Expense Management

D

I agree with the requirements.
The assumption of MSFT that all employees needs to be paid in Accounting currency as they are employee of current legal entity is ofcourse a totaly wrong assumption. A lot of international companies will deal with this issue.

Category: Expense Management

D

Agree on the requirement. The module should be capable enough to cater to the business requirement of the organization operating in multiple countries and in multi-currencies. This is a major requirement that needs to be fulfilled to make this module more usable.

Category: Expense Management

D

I agree with all the previous comments, the module is rendered unusable to any international, let alone global, business unless this is fixed.

Category: Expense Management

D

As per all comments above the ability to accurately transact in any currency across the application is vital. This includes Expense Management.

Category: Expense Management

D

The Expense App was shown as a time saving method of recording and administering employee costs that would have an immediate effect on our business. In reality because of its inability to manage FX the administration of expenses takes longer than the manual process in place before D365.
It was a major selling point in decision to move to D365, its lack of functionality needs to be addressed

Category: Expense Management

D

Employee expense reimbursement has to be 100% accurate and timely. We are global and our ledger differs from local currency in several countries. This lack of core functionality has had such a negative effect on our implementation of D365 F&O, the added work to ensure 100% accuracy outweighs all expense module benefits to date.

Category: Expense Management

D

I absolutely agree this is a core requirement for any global business. It has a major impact in financial modules too as Expense payment amount will not match Expense report amount, if transaction currency is different from the company's accounting currency and the payment date does not match Expense report line transaction date.
These FX differences are major factor why this functionality is critical for businesses operating worldwide.

Category: Expense Management

D

I absolutely agree this is a core requirement for any global business. It has a major impact in financial modules too as Expense payment amount will not match Expense report amount, if transaction currency is different from the company's accounting currency and the payment date does not match Expense report line transaction date.
These FX differences are major factor why this functionality is critical for businesses operating worldwide.

Category: Expense Management

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