D365 Finance & Operations and Dynamics AX Forum

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  • 1.  Accounting currency value ZERO and reporting currency value in $

    TOP CONTRIBUTOR
    Posted 15 days ago
    Well I tested and would like to reconfirm that it wont be possible to make a journal entry or to upload with Accounting currency 'Zero" and reporting currency value as $1000

    Scenario is
    We have Entity in Australia under Australian Dollar as accounting currency and reporting currency is USD, there are some adjustment required in USD per USA GAAP which wont impact AUD, 

    Whats the best way to account for 

    Would like to hear the feed back
    thanks and kind regards


  • 2.  RE: Accounting currency value ZERO and reporting currency value in $

    TOP CONTRIBUTOR
    Posted 14 days ago
    In D365F&O, you can post entries to adjust just the reporting currency. Navigate to General Ledger>Journal Entries>Reporting Currency Adjustment Journals

    This will allow you to post entries which adjust your USD reporting currency GL balances without affecting your AUD accounting currency balances.

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    Steve Latta
    Accountant
    Ortec, Inc.
    Easley SC
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  • 3.  RE: Accounting currency value ZERO and reporting currency value in $

    Posted 13 days ago
    What about when creating journals in Eliminations using elimination rules?

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    Margie Ankrum
    POWER Engineers, Inc.
    Hailey ID
    ------------------------------



  • 4.  RE: Accounting currency value ZERO and reporting currency value in $

    TOP CONTRIBUTOR
    Posted 6 days ago
    Margie, great idea

    Any scenario can you share

    thanks


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