You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

20D Discrepancy in CM and AP during reconciliation?

Accepted answer
38
Views
2
Comments
edited Jan 18, 2021 11:57AM in Payables, Payments & Cash Management 2 comments

Summary

20D Discrepancy in CM and AP during reconciliation?

Content

Hi Experts,

We have a Foreign Currency AP Invoice amounting to AUD337K and then during time of payment, the balance that reflected in CM is AUD331K using the conversion rate type "user." The AP Invoice is around USD 240K which bring us to the FX amounting to AUD6K.  We kind of expect during the time of payment it will pick up AUD331K and not AUD337..

Please for your advice.

See attached.

Regards,

Fernan

Version

20D

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!