Choose from more exchange rate types for currency revaluation
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 30, 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 vendor invoices amount and open customer invoices amount 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 accounts payable and accounts receivable foreign currency revaluation.
The following options are available in this feature:
- Use a default exchange rate type on ledger setup.
- Use an additional exchange rate type on accounts payable parameters and accounts receivables parameters.
- Use an additional exchange rate type on customer group and vendor group.
Thank you for your ideas
Thank you for submitting these ideas:
- To be able to perform foreign currency revaluations from any other currency exchange rate type apart from the one selected in Main Ledger Accounting Currency Exchange Rate Type field.
- Add Ability to apply a specific exchange rate type for AR and AP foreign currency revaluation processes
- Exchange rate type for AP/AR foreign currency revaluation
- Allow different exchange rate types for AP/AR FX revaluation
We listened to your ideas, along with comments and votes, to help us decide what to add to our product roadmap.
See also
Currency revaluation for Accounts payable and Accounts receivable (docs)