Fluctuation Amount of Foreign currency evaluation showing in vendor Ledger (FBL1N)

[former_member513221]

Hello Experts,

We are paying import vendor through 100% advance payment in Doc (USD) currency exchange rate with Rs.70. When we receive invoice, exchange rate is Rs.71. The difference amount foreign Exchange gain/loss is post in foreign exchange gain/loss A/c but that difference amount showing in vendor ledger.

User do not want to see that difference amount in vendor ledger as he already paid full payment in USD and invoice is in USD. doc. currency is Zero.

EX: Advance paid: 1000 (USD) 70000 (INR) at 70.00

Invoice (MIRO): 1000 (USD) 71000 (INR) at 71.00 note: Rs. 1000 posting in exchange gain/loss A/c

Balance: 0.00 (usd) 1000.00 (INR)

Please guide how to clear this balance in vendor or is this standard!

[former_member513101]

Hi Sharma,

Clear the advance payment and invoice in USD.

Thanks