Choose from more exchange rate types to revalue bank currency
Important
This content is archived and is not being updated. For the latest documentation, go to What's new or changed in Dynamics 365 Finance. For the latest release plans, go to Dynamics 365, Power Platform, and Cloud for Industry release plans.
| Enabled for | Public preview | General availability |
|---|---|---|
| Admins, makers, marketers, or analysts, automatically | - | 
Apr 1, 2024 |
Business value
Foreign currency revaluation helps companies remain compliant with accounting standards and maintain accurate records of their financial position.
Feature details
Dynamics 365 Finance supports revaluating open bank transaction amounts into a company's accounting currency and reporting currency using the exchange rate type defined on ledger setup. However, users can't use exchange rate types other than the ones defined on ledger setup.
This feature provides multiple options of exchange rate types for bank foreign currency revaluation.
The following options are available in this feature:
- Use default exchange rate type on ledger setup.
- Use an additional exchange rate type on cash and bank management parameters.
- Use an additional exchange rate type on bank account.