Quantcast
Channel: SCN: Message List
Viewing all articles
Browse latest Browse all 3189

Re: FC

$
0
0

The entry is stated below for your reference.

 

                        Code                    doc currecny          local currency

 

Cr. Vendor        ABC                              100  GBP                 80 GBP

Cr. VAT               1                                    10 GBP                 10 GBP

Dr. Expenses       2                                   90  GBP                 70 GBP

Dr. Exh. diff. a/c   3                                                                  20 GBP

 

Since the local currency conversion didn't happen for the VAT GL code 1, the differential value was posted to the exchange rate difference account 3.

 

Issue here is local currency was not valuated for VAT GL , as shown above.

 

Note: There are successful postings for other dates, where the conversion has happened for the same VAT GL.

 

Regards


Viewing all articles
Browse latest Browse all 3189

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>