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Former Member
Dec 01, 2008 at 09:50 AM

Variance Amount


Good Afternoon

Could someone help me my customer deals in different currencies. Their local currency is ZAR they have two bank accounts, one is a ZAR and the other one which they trade from is USD and the trade in all currencies from EURO to HK$.

The problem I have is that there is always a small variance on the payment means because of the three currencies and a rounding due to decimal places which is fine, however my client would like that variance to be posted to a currency rounding account and not appear on the Debtors statement, how does one go about this.

I did go to document settings and entered a Under/Overpayment Amt Allowed but it still posts that variance amount on the debtors balance, what am I doing wrong.

Thank you