FW: Support Alert.....!!!! Simulating Exchange Adjustments in Dynamics AX 2009

Simulating Exchange Adjustments in Dynamics AX 2009

Dynamics AX 2009 offers a variety of simulation and forecasting tools as
well as reports. These features filter complex data into a clear form that
can be used in decision making. A quick Exchange Adjustment Simulation will
illustrate how a business issue is solved easily using Dynamics AX 2009.

What if you want to see the effects of an exchange adjustment on open
customer transactions before you actually make the adjustment?

That is when you would want to use a Simulation provided by Dynamics AX
2009.

-You can access the Exchange Adjustment Simulation from either Accounts
Receivable or Accounts Payable by clicking Periodic followed by clicking
Exchange Adjustment.

-Click the Simulation button on the right side of the form.

-This brings up the Exchange Adjustment Simulation form pictured:

http://www.dynamicscare.com/blog/wp-content/uploads/2010/08/Exchange-Adjustm
ent-Sim.png

-If you click on the drop down arrow for Method you will see three options:

* Standard, which makes adjustments based on the exchange rate used on
the date specified in the Date of Rate field.

* Minimum, which only makes and adjustment if a loss occurs but does
not if there is a profit.

* Invoice Date, which offsets any exchange adjustment that is not
already offset. This causes the transaction to be valued at the original
value.

-Next, select the Considered date to find all the transactions that are open
on that date and an exchange adjustment will be made automatically if
necessary. For transactions that are open on this date, but are settled
before the exchange adjustment date, adjust in the periodic job.

-Enter the date of rate in the Date of rate field. This determines the
exchange rate used in the adjustment.

-Click the Select button on the right side to choose the data you want in
the report.

-You can use the Options button on the right side to choose how to print or
save the report.

-Finally, simply click OK to view the report. The simulation report shows
all the open balances in the originating currency as well as the company
currency. The report also lists the exchange rates that were used in the
simulation.

This was just a simple example of Dynamics AX 2009's capability to get
valuable results in an efficient manner.

Faiqa Usman