Microsoft Dynamics 365 Business Central Self-Help Place

Overview Business Central's Exchange Rate Adjustment revalues your open foreign-currency documents and bank balances at month-end and posts the unrealized foreign exchange gain or loss for you. You enter the month-end rate once, run one batch job, and BC handles every customer, vendor and bank account in that currency. Why it matters: under MFRS 121, foreign-currency monetary items such as receivables, payables and bank balances must be translated at the closing rate at each reporting date. The difference from the amount originally booked is an unrealized gain or loss that belongs in that period's P&L. Which version are you on? In newer versions of BC the batch job is called Exch. Rate Adjustment and includes Preview Posting, Adjust per entry and the Exch. Rate Adjmt. Ledger Entries page. Older versions use the Adjust Exchange Rates report, which works the same way but without those options. Search for "exchange rate" in Tell Me to see which one your co...