As per Microsoft documentation, the following asset leasing books should be configured in the system for Dual reporting requirements:

https://learn.microsoft.com/en-us/dynamics365/finance/asset-leasing/dual-reporting

- IFRS 16 book (Posting layer=Custom layer 1)

- Statutory book (Posting layer= Current)

- Statutory reversal book (Posting layer = Customer layer 1)

We would like to do the following setup on our project:

- IFRS 16 book (Posting layer=Current)

- Statutory book (Posting layer= Custom layer 1)

- IFRS 16 reversal book (Posting layer = Customer layer 1)

Three books are required to report under both statutory reporting and IFRS reporting.

- The IFRS 16 book creates the journal entries according to the rules for that are required for IFRS 16 under current layer.

- The statutory book records the lease payment according to the rules for cash-basis accounting under custom layer 1

- The IFRS reversal book reverses the IFRS16 journal entries under custom layer.

If we want to use the Statutory figures to run the same trial balance, the IFRS 16 accounting journal entries must be reversed, and the Statutory journal entries must be posted. To reverse the IFRS16 journal entries we should create a IFRS16 reversal book that has the same setup as the IFRS16 book but an opposite posting profile.

The issue is that we couldn't find any way to do the specific setup for the IFRS 16 reversal book in the Asset leasing posting accounts on the Asset leasing parameters page (Asset leasing > Setup > Asset leasing parameters).