Different ledger accounts for Profit/loss exchange rate should be based on module. (Account payable, Account Receivable, General ledger (monetary and non monetary)
Comments
Hi. We having the same requirements from Swedish customers, both in D365FO and AX2012 R3.
Category: Cash and bank management
At this time, D365 don't respect the French legislation !! Reevaluation should be posted in different GL accounts for each module (AP/AR/Bank/ GL)
The French law says for unrealized gain/profit (GL accounts to be used based of French CoA):
AR : Gain : 4771xxx Loss: 4761xxx
AP : Gain : 4772xxx Loss: 4762xxx
BANK : Gain : 766xxxx Loss: 666xxxx
GL : Gain : 477xxxx Loss: 476xxxx
If Microsoft want to be in compliance with French market, this issue must be resolved.
Category: Cash and bank management
En conformité avec la réglementation comptable française, il est nécessaire d'avoir 2 comptes distincts à l'actif et 2 comptes distincts au passif, soit 4 comptes au total.
Category: Cash and bank management
En conformité avec la réglementation comptable française, il est nécessaire d'avoir 2 comptes distincts à l'actif et 2 comptes distincts au passif, soit 4 comptes au total.
Category: Cash and bank management
En conformité avec la règlementation comptable française, il est nécessaire d'avoir 2 comptes distincts à l'actif et 2 autres comptes au Passif, soit 4 comptes au total.
4761xx, 4762xx, 4771xx et 4772xx.
Category: Cash and bank management
We fully subscribe to this idea related to a legal requirement
Category: Cash and bank management
French law required such difference to have specific revaluation account for commercial debt and financial debt
https://www.legifiscal.fr/actualites-fiscales/1788-creances-dettes-devises-changements-comptables-2017.html
"Les gains et pertes de change constatés lors du règlement sont désormais enregistrés de façon différente selon qu’ils concernent des opérations commerciales ou des opérations de nature financière tels les emprunts."
Foreign exchange gains and losses recognized in the settlement are now recorded differently depending on whether they concern commercial transactions or financial transactions such as borrowings.
Category: Cash and bank management
Administrator on 1/5/2023 6:58:31 PM
Thrilled to announce that granular currency revaluation posting profile to allow you to define different ledger accounts for currency revaluation adjustment per module (GL, AP, AR and Bank). The feature planned to released in APP 10.0.32.
Sincerely,
Mohamed Aamer
Product Manager, Microsoft Dynamics 365 Finance