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May 18 at 01:43 PM

EBS automatic clearing for a payment in foreign currency

173 Views Last edit May 19 at 04:08 PM 5 rev

Hello,

Suppose there is a payment document X (payment run) for 100 USD which accounts for 92 EUR in local currency. The payment is done from EUR bank account and when the bank executes the payment of 100 USD, the EUR amount is 91 EUR. Bank statement with a transaction of 91 EUR arrives through EBS with the proper reference to payment document X. Is there a way for automatic clearing of bank statement and payment run document (sub-ledger reconciliation) of 92 EUR and 91 EUR, with posting of 1 EUR to Forex G/L account?

Thanks in advance

Eli