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It should be possible to route currency revaluation effects for GL, Bank, AP and AR to different main accounts based on the source for the transaction.
Several companies need to maintain this manually, and it would be an improvement if you could choose to utilize standard setup to route FX effects to different Profit and Loss account for FX realized and unrealized based on the transaction types. For example that FX effects from GL is posted to main accounts A and B, while FX effects related to Vendor invoices is posted to main accounts X and Y.
This will make it easier for the customers in their financial reporting and the control/reconciliation of the GL.
Several companies need to maintain this manually, and it would be an improvement if you could choose to utilize standard setup to route FX effects to different Profit and Loss account for FX realized and unrealized based on the transaction types. For example that FX effects from GL is posted to main accounts A and B, while FX effects related to Vendor invoices is posted to main accounts X and Y.
This will make it easier for the customers in their financial reporting and the control/reconciliation of the GL.
STATUS DETAILS
Inactive
Administrator on 4/23/2022 12:17:01 AM
This is a duplicate of this suggestion. Please vote for this original suggestion.
Currency revaluation different profit/loss exchange rate account by module