Hi,
Please advise on creating a Checks and Payment transaction that includes Forex Gain/Loss.
Scenario:
The base currency is EUR, and we have a transaction in Bills and Adjustments in GBP.
In the 'Bills and Adjustments' screen, a bill is created with a value of GBP 1200, which converts to EUR 1386.61 using a Forex exchange rate of 1.15551000.
We received two payments in EUR, one for EUR 717.74 and another for EUR 736.93, with a Forex rate of 1.16916.
Due to the excess amount, there is an error showing 'Document out of Balance'. I want to post the excess amount directly from the Cash Account to Forex without affecting the Accounts Payable account.
Thank you.