I consider this as a bug or, at best, poorly designed. Currently, when running the Adjust Exchange Rate process for the additional reporting currency, the resulting gains and losses are incorrectly recorded in the realized gains and losses accounts. This needs to be fixed. Only gains and losses on cash, receipts and payments should go to realized accounts (as they currently do). The additional reporting currency adjustments should follow the same process as for outstanding receivables and payables and be recorded to unrealized accounts.
Comments
I forgot to note, this should be corrected for GST/HST (sales tax) as well. While a balance is outstanding, all FX gains and losses are unrealized. They do not become realized until payment is made or received.
Category: Financial Management
Business Central Team (administrator)
Thank you for this suggestion! Currently this is not on our roadmap. We are tracking this idea and if it gathers more votes and comments we will consider it in the future. Best regards, Business Central Team