The following describes how to manually match invoices with exchange rate differences. An exchange rate difference will be posted if the exchange rate has been changed since the order was placed. The same currency must be used on both the order and invoice if the system is to create an exchange rate difference posting (transaction type 811). Exchange rate differences are posted in system currency only, which means that transaction type 811 will show a blank posting in transaction currency.
Exchange rate differences are calculated as follows:
| Exchange rate difference = (Total invoiced + quantity differences + price differences) – (Total received from supplier) |
- Follow steps 1-4 in Match a preliminary invoice.
- You remain on the A/P invoice matching panel, now showing the total document amount and the total selected amount which are the original amounts on the preliminary invoice. Click Update to match the invoice with the order line.
- The system automatically creates the exchange rate difference. Note: The amount of the exchange rate difference is never displayed on this panel. Since the General Ledger does not display system currency, the only way that the difference can be viewed is through listings.
You can proceed to the next invoice, or exit the routine.
Related topics
- About matching A/P invoices and purchase orders manually
- Match a preliminary invoice
- Match a preliminary invoice with price differences
- Match a preliminary invoice with quantity differences
- Match a final invoice
- Match an invoice with goods-in-transit
- Print an invoice matching reconciliation list
- Print a supplier invoice variance analysis list
- Set up tolerance limit rules on a common level
- Define tolerance limit exceptions on suppliers