FrontAccounting forum — Exchange in Payment AR module

Re: Exchange in Payment AR module

null@example.com (kvvaradha) — Fri, 06 May 2022 18:14:22 +0000

During Customer payment, as you can see a textbox stated charges, just input the 10 usd there. the system will put that 10 usd in the Interest and bank charges account.

So your journal entry will be like this.
AR 350
interest and bank charges 10
Bank 360

Hope this helps you.

Re: Exchange in Payment AR module

null@example.com (dz) — Fri, 06 May 2022 17:43:39 +0000

The Exchange gain/loss entries are automatically booked and posted into the variance GL in FA once you allocate the payment to the invoice (both in Sales and Purchase module). Kindly check if you have allocated the payment to the relevant invoice?

Exchange in Payment AR module

null@example.com (serviciosac101) — Mon, 02 May 2022 23:39:45 +0000

Hello!

I'm doing payment in foreign currency in the Payment bank option and then I put in AR settle amount the right amount, so here everything is okay I have my register at the bank and I canceled my AR account. however, when I look at the journal I didn't see the right operation because in this transaction I must have an exchange difference amount.

Example:

Customer NC for $10 rate 35x$1

Sales disc. 350
AR 350

NC Bank Payment for $10 36x$1 (This must be the right journal)

AR 350
Exchange 10
Bank 360

However we have a journal with:

AR 360
Bank 360

Remaining -10 in my AR account in the Balance Sheet. How could I solved This?