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Former Member
Feb 16, 2011 at 09:50 PM

Exchange rate for line items are different

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Hi,

I have a situtaion where the different exchange rate has been used to post the values in Local & Group Currencies at the line item level. For example,

Dr ABC Account with Doc curr = 100 USD (Local curr = 400 ARS & Group curr = 100 USD)

Cr XYZ Account with Doc curr = 100 USD (Local curr = 390 ARS & Group curr = 100 USD)

Cr Realized Gain with Doc curr = 0 USD (Local curr = 10 ARS & Group curr = 0 USD)

When posting the Exchange rate is 1 USD = 4.000 ARS and at the time of entry (entry date) the Exchange rate is 1 USD = 3.900 ARS. The translation date in the header is the Posting Date (so Debit line is ok). This is happening during Bank to Bank transfer sceanrio.

Question is why is the exchange rate different in the line items? Please advise.

Edited by: Kumarv2000 on Feb 16, 2011 10:51 PM