Updates for Dynamics GP Currency Translation

Management Reporter CU11 contains updates for GP Currency Translation. Changes to how currency translation works for GP are:

  • The account category is no longer required for Retained Earnings. The translation now uses the original document information to properly calculate the translated values.
  • Posting to Retained Earnings is also now supported. The ability to isolate posting to Retained Earnings using the originating document information allows the balances to now properly translate.
  • Expiration dates for all methods are now honored.
  • The Average method, or Rate Average in Dynamics GP, will now use a rate defined in a prior period, as long as the rate is not expired.
  • The quality issue surrounding using one rate for Retained Earnings has been addressed. 

We thank all the customers who provided feedback on these changes for Dynamics GP.