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exchange rate adj ran w/incorrect date&rate, in wrong pe
kats
Member Posts: 2
Hi there
For the June period end (client's financial year end), the adjust exchange rates batch job was performed using an incorrect date (7 July), when it should be 30 June.
As such there were two issues:
> adjustment entries are based on the rates in the system for 7/7 and
> it happened in the wrong financial period
Tried rerunning the batch with a 30 June date, but that does not correct the AR/AP/Bank balances and the forex as at end of June. because it's now trying to adjust from 7/7 rate to 30/06 rate.
All I could think of is passing a manual general journal to correct the balances as at 30/06 and I suppose on the next batch run on 31 July, the balances will be rectified anyway.
I wonder if there's a better/cleaner way of approaching this in NAV 4? Anybody got some tricks up their sleeves?
Thanks heaps,
K
For the June period end (client's financial year end), the adjust exchange rates batch job was performed using an incorrect date (7 July), when it should be 30 June.
As such there were two issues:
> adjustment entries are based on the rates in the system for 7/7 and
> it happened in the wrong financial period
Tried rerunning the batch with a 30 June date, but that does not correct the AR/AP/Bank balances and the forex as at end of June. because it's now trying to adjust from 7/7 rate to 30/06 rate.
All I could think of is passing a manual general journal to correct the balances as at 30/06 and I suppose on the next batch run on 31 July, the balances will be rectified anyway.
I wonder if there's a better/cleaner way of approaching this in NAV 4? Anybody got some tricks up their sleeves?
Thanks heaps,
K
0