Currency Exchange Rates and Accuracy in Microsoft Dynamics 365 Sales

When Are New Currency Exchange Rates Applied to Opportunity Records?

Question

You have opportunities that have values in multiple currencies.

The currency exchange rate automatically updates.

You need to ensure that currency values are accurately reported.

When is the new currency exchange rate applied to the opportunity records?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

A.

In Dynamics 365 Sales, when an opportunity record is created with a value in a specific currency, the exchange rate for that currency is automatically updated in the system based on the exchange rate provider that is configured in the system. This means that if the exchange rate changes, the opportunity value will be updated accordingly.

To answer the question, the new currency exchange rate is applied to the opportunity records in Dynamics 365 Sales when a user opens the opportunity record. This means that when a user navigates to an opportunity record, the system will use the latest exchange rate to calculate the value of the opportunity in the user's default currency.

Therefore, the correct answer to the question is option B - "when a user opens the opportunity record".

It's important to note that if a user makes a change to a currency field in the opportunity record, the system will automatically update the value of the opportunity using the latest exchange rate. Additionally, a user can manually recalculate the opportunity value by clicking the "Recalculate" button on the opportunity form. However, these actions are not necessary for the system to apply the new currency exchange rate to the opportunity record.

Finally, the "Calculate Rollup Field" system job for the msdyn_projectteam entity mentioned in option D is unrelated to currency exchange rates and opportunity values, so it is not the correct answer to the question.