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Realized forex calculation where payment and document currency same

Nov 17, 2017 at 12:37 PM

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ravi n

Hi,

we have a invoices in foreign currency (USD) and my client wants to clear them in USD where as my company code currency is CAD.

During payment is it possible to calculate realized forex for above invoice.

Please suggest...

Thanks in advance.

NRVI

FIN Accounts Receivable and Payable
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Gustavo Vazquez Answered Nov 17, 2017 at 01:46 PM
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Hi Ravi,

You could calculate with trx EWCT in a manual way.

Consider Ex.Rate for the invoice and for payment date.

If you want to pay the invoice in USD, you will need an USD bank Account.

Kind Regards

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Former Member Answered Nov 21, 2017 at 09:45 AM
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Hi,

In your example above - USD Invoice, you can use CAD or USD Bank account with transaction currency USD to make payment. Both will have realized gain/lss for amount in local currency.

But if you have USD invoice, you have cannot use USD bank account with transaction currency CAD. System will prompt you error.

Thanks

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