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Cannot Reverse a payment due to Forex Gain/Loss

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Posted on by PaulRoots

Hi Guys,

May I ask if you have encountered this issues?

Thanks in advance

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Olister Rumao 3,967 on at

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Hi,

Paul this issue is because you might have done a Forex transaction and the Currency Exchange Rate must have changed.

So Business Central will automatically post this entry to match with your Forex Currency and Local Currency as per the Exchange Rate.

What you can do is unapply this entry with the reconciled transaction and settle this payment by creating a Purchase Journal and settle with the current Payment.

Or you can create a reversing entry using General Journals and settle the Payment with this General Journal Entry.

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MichaelFurness 50 on at

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Only time I've ever seen this message is when the Exchange Rate on the Document is different to the Exchange Rate on the Payment. It posts the application and the Realised Gain/loss at the same time. BC (and also NAV) can't just reverse this transaction for some reason when you want to reverse the entry but it will reverse the Gain/loss if you unapply the entries first. After that you can post new entries and apply the correct ones together.

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joshtechsolutions 4,979 on at

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Hi,

I tried this method, but I was not able to unapply any of the entries and informed of the error below.

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YUN ZHU 95,748 Super User 2025 Season 2 on at

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Hi, just adding some information.
This major update (BC23) has the following feature. I'm not sure if it can solve your problem, but you can try again after upgrading to BC23.

Use realized gain or loss entries to reverse ledger entries

https://learn.microsoft.com/en-us/dynamics365/release-plan/2023wave1/smb/dynamics365-business-central/reverse-customer-vendor-ledger-entry-realized-gain-or-loss-entry?wt.mc_id=DX-MVP-5004336

Thanks.

ZHU

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