(RUS) Set up exchange rates for a currency transaction
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2
Use the Currency revaluation accounts form to set up the loss or gain calculation for currency exchange. For more information, see (RUS) Currency revaluation accounts (modified form).
Click General ledger > Setup > Currency > Currency parameters.
In the Legal entities field, select a company.
On the General FastTab, in the Ledger posting grid, select the main accounts to post the exchange rate profits or losses to.
On the Sales/customers FastTab, in the Customer posting grid, select the main accounts to post the exchange rates profits or losses to.
In the Expense code field, select the expense code that corresponds to the transaction for an exchange rate adjustment that occurs when transactions are settled for a customer. You can settle the transaction when the exchange rate adjustment is a loss.
In the Revenue code field, select the revenue code that corresponds to the transaction for an exchange rate adjustment that occurs when transactions are settled for a customer. You can settle the transaction when the exchange rate adjustment is a profit.
On the Purchases/Vendors FastTab, in the Vendor posting grid, select the main accounts for vendor posting.
In the Revenue code (currency conversion) field, select the revenue code for a currency conversion transaction if the exchange adjustment is a profit.
In the Expense code (currency conversion) field, select the revenue code for a currency conversion transaction if the exchange adjustment is a loss.
On the Purchases/Advance holders FastTab, select the relevant main accounts for advance holder posting.
In the Expense code field, select the expense code that corresponds to the transaction for an exchange rate adjustment that occurs when transactions are settled for an advance holder. You can settle the transaction when the exchange rate adjustment is a loss.
In the Revenue code field, select the revenue code that corresponds to the transaction for an exchange rate adjustment that occurs when transactions are settled for an advance holder. You can settle the transaction when the exchange rate adjustment is a profit.