1 Topic by jonathan46 (edited by jonathan46 07/06/2012 08:26:51 pm)

  • From: UK, Uxbridge
  • Registered: 09/23/2011
  • Posts: 41

Topic: Allocate payments in US$

My home currency is GB£.
I have paid a supplier in US$ and the supplier balance is quoted in $.

A month later I enter an invoice for exactly the same number of $.
When I try to allocate payment I see a figure in £ at the top, and a figure in $ on the line.
When I click on "all" the £ figure appears beside the $ figure in the line, and results in about a 1% shortfall.

How can I allocate the $ balance to the $ invoice?

I have cancelled auto update of exchange rate, but exchange rate should not be involved any way.

  • Registered: 12/25/2007
  • Posts: 2,448

Re: Allocate payments in US$

You should have separate bank account in USD registered in FA. Then when you enter payment in USD, this can be directly allocated to USD invoice with no currency exchange involved.
Janusz