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realized gain/loss from currency shows 0 amount in journal transactions

  • 16 February 2022
  • 3 replies
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Userlevel 4
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Hi guys, a question on multicurrency accounting.

I transfered 1000 USD from the USD bank account to SGD bank account, I received 1350 SGD and there’s a gain of 1.16 SGD here (base currency is SGD). But in the journal transaction, the realized gain/loss from currency shows 0. Then I checked P&L, it actually shows the right amount of 1.16 gain in the statement. Anyone knows why’s it like that? Could there possibly be anything wrong with the journal transaction? Thanks!

 

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Best answer by vkumar 11 May 2022, 12:51

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Userlevel 7
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you are most welcome @shuang57 

Regards,

Userlevel 4
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Hi @vkumar Thank you for your help, it’s right.

Userlevel 7
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Hi @shuang57 

Please check the numbers in base currency. It should be visible. 

Click on ‘VIEW BASE’ on Journal transaction screen.

Hope this helps,

Regards

 

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