Per design the deferral schedule recognition is booked in accounting currency, regardless of what transaction currency is used in the sales order invoice and billing schedule.
The recognition process should include the original transaction currency and FX-rate.
Comments
Very much needed feature for multinational companies
Category: Subscription Billing
Its a feature customers have wanted for several years by now, MS should really look in to it.
Category: Subscription Billing
This is really a must have for our company.
Category: Subscription Billing
As others have mentioned, this is a must have for multinational organisations - could we have an update please?
Category: Subscription Billing
Very much needed feature!
Category: Subscription Billing
Transaction currency is required at this point,Also reporting currency should be included. If Dynamics support reporting currency, there should be a rate for reporting currency, and the mount data from reporting currency should be tracked as well. The short term account balance, the recognitin amount balance should be calculated based on the reporting currency.
Category: Subscription Billing
Transaction currency is required at every stage of analysis and decision making
Category: Subscription Billing
A must feature for multinational companies.
Category: Subscription Billing
This is critical for all Global companies that works with different currencies, they need to track original transaction currency and revaluate them properly. This bug is affecting IFRS15 Accounting treatment, it impacts deferrals on Revenue but also costs from the subscription module.The revaluation journal seems also to be affected as the system cannot offset balances in transaction currency with the deferral recognition that is happening on local currency.
Category: Subscription Billing
Many companies are analyzing revenue on currency basis and also based on Accounting standards they want to revalue the revenue for foreign exchange gain or loss. This is must to have feature and help such companies. Strongly request MS to take this up as early as possible. Thankyou..
Category: Subscription Billing