Exchange differences

(0) Share

Report

Posted on by Community Member

Hi I use nav 2009 r2 and I don't know how to book Exchange differences between payments and accruals in the same currency but with different Exchange rate

Thank you

*This post is locked for comments

All responses (5)

Answers (0)

RobertasR 5,002 on at

Like (0)

Report

RE: Exchange differences

That is correct. System posts the adjustment automatically. Pretty much the same way as your journal - zero for currency amount and adjustment amount in LCY. It balances with realized exchange rate difference account.

Robertas
Community Member on at

Like (0)

Report

RE: Exchange differences

So when you have the same case, you simply run the Adjust exch rate and the balance in LCY of the bank account goes to zero?
RobertasR 5,002 on at

Like (0)

Report

RE: Exchange differences

Thanks for the info. Unfortunately this is not something I've seen before - normally the exchange rate adjustment is posted automatically, without needing to 'register' the journal. This might be some kind of localisation or special development.

Even theoretically the journal seems to be balancing, so shouldn't be a problem. You might need to have technical consultant on-site, to 'catch' the error message and find the cause. Sorry that I can't help more.

Robertas
Community Member on at

Like (0)

Report

RE: Exchange differences

Hi, You can see the other my post to find further details

Tnak you for your response.

This is the bank account:

then I run the "Adjust Exchange rate" to close the balance in Euro, and NAV propose the following reg:

but when I click on "Register" I get this warning: The registration is not balanced. Check if data are correct in each row
RobertasR 5,002 on at

Like (0)

Report

RE: Exchange differences

Hi RicMea, can you please elaborate a bit more - what it is you have, and what exactly you want to do? Thanks

Robertas