Hi guys,
We're running into an issue with our AX software and I was hoping someone has some valuable input for me.
The issue is as follows: we have many current accounts with other (sister)companies where many foreign currency bookings are posted. These bookings are posted on date X with rateX and are to be settled against a payment on date Y with rateY. Since there is a difference in those rates there will be a exchange rate profit or loss based on the amount and the difference between rateX and rateY. From what I've understood this is not an issue for bookings on a customer/vendor sub ledger, but how does this work for other GL accounts? If I use the ledger settlements module from 'General Ledger > Periodic > Ledger Settlements' it will not settle the two bookings because the accounting currency value is not in balance. I understand this is not in balance and would love to see the difference booked to an exchange differences account automatically but it seems this is not possible?
Ik hope my question is clear and someone can give me some helpfull advice.
Thank you in advance.
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