Revaluations provide the latest value of non-functional-currency-denominated financial instruments in your functional currency. In another words, performing Multi-Currency Revaluation will revalue the outstanding transactions or Balance Sheet item with Current Rate (some they call Closing Rate) to get the Unrealised value. Though, this process does not need to perform routinely, this is up to the customers on which accounting policy they are adopting. Below example shows how to perform Multi-currency Revaluation for Payables transactions. The way to perform Receivable transaction is same. Path: MSDGP > Tools > Routine > Financial > Revaluation i. Create option as below. It would be good to name the option according to the module with month. ii. ...
Act as Microsoft Dynamics GP Consultant nearly 10 years now, based in Malaysia. Following an early career as statutory auditors and independent accountants to a range of growing businesses in the finance industry, later moved into the area of IT in business with the expansion of technology. Offering implementation, support and training Microsoft Dynamics GP to customers for more than 10 projects across ASEAN region. Now we are offering Dynamics 365 Business Central implementation too.