Forex loss and Gain amount is more than the invoice amount while clearing of vendor using F-44

[former_member929668]

Forex loss and gain amount is more than the invoice amount while clearing of vendor using F-44.

Can any one of you please help. We are not able to understand why the FX-loss and gain amount is more than the actual invoice amount.

Thanks

Anand

[dau_hai2]

Hi,

I guess you need to check the original open items in the clearing transaction. What are the amounts in FC and what are the amounts in LC. From there only you can understand what happens.

[lucrach]

If the Forex loss and gain amount is more than the invoice amount while clearing a vendor using F-44, it could be due to a few reasons. One reason could be that the exchange rate used for the payment was different from the exchange rate used for the invoice. Another reason could be that there were additional charges or fees included in the payment that were not included in the invoice. To investigate further, you can check the exchange rates used for the payment and the invoice, as well as any additional charges or fees included in the payment. You can also review the transaction history to see if there were any adjustments made to the exchange rates or payment amounts.