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author's profile photo Former Member
Former Member

f-44 - Foreign Exchange Issue

Hi All,

When I clear one invoice say 100 USD with payment of 100 USD in f-44, then exchange rate difference line item is getting created and the same is reflecting in FBL1N but when I make partial payment say 75 USD, exchange rate difference line item is getting created but the same is not reflecting in FBL1N.

Full Payment

100 USD Invoice ( @ 50 INR ) 5000

100 USD Payment ( @ 48 INR ) 4800

Exchange Gain A/c Rs. 200/- ( this line item is created in FBL1N and the same is posted in GL a/c )

Partial Payment

100 USD Payment ( @ 48 INR ) 4800

75 USD Invoice ( @ 50 INR ) 3750

Exchange Gain A/c Rs. 150/- ( this line item is not created in FBL1N but the same amount is posted in GL a/c )

Just need to clarify if the above examples with posting are correct.

Thanks in advance....

Anish

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    author's profile photo Former Member
    Former Member
    Posted on Nov 09, 2011 at 09:31 PM

    Hi,

    Foreign Exchange Gain or /Loss will be caliculated when there are cleared itemsu2026. So when you are making partial payment then the exchange rate gain or loss will not be calculated as no items are been cleared.

    Instead use residual payment to view exchage rate diff. postings, in case of partial payment when you make the final payment and when the line items are cleared then you can see the exchange rate gain/loss caliculated.

    Regards

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